Gold Price Hangs Tough as Markets are Pummelled After Shocking US CPI. Higher XAU/USD Ahead? - DailyFX
6/12/2022 12:00:00 AM2 years 10 months ago
by Daniel McCarthy
by Daniel McCarthy
The gold price got an initial boost from US CPI carnage, but rising yields have taken the shine off it, and the US Dollar is soaring. More consolidation for XAU/USD?
Gold, XAU/USD, US Dollar, Fed, FOMC, Treasury Yields, Crude Oil- Talking Points
- Gold has been bouncing around after US CPI spooked markets
- APAC equities and bondswent south as invest… [+2268 chars] full article...