Gold Price Rebound May Fail as Top Central Bankers Sound Off - DailyFX


5/21/2022 12:00:00 AM2 years 11 months ago
by Ilya Spivak

Gold prices managed to rise last week – snapping a month-long losing streak – but hawkish guidance from the world’s top central bankers may put the yellow metal back on defense.

GOLD (XAU/USD) WEEKLY OUTLOOK: BEARISH

  • Gold prices ended a 4-week losing streak as recession worries multiply
  • Markets translated growth fears into a cooler outlook for interest rates… [+2547 chars]

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