Gold Price Approaches May Low After Reversing Ahead of 50-Day SMA - DailyFX
6/14/2022 12:00:00 AM2 years 10 months ago
by David Song
by David Song
The Federal Reserve rate decision may push the price of gold toward the May low ($1787) if the central bank shows a greater willingness to carry out a restrictive policy.
Gold Price Talking Points The price of gold trades to a fresh monthly low ($1805) as US Treasury yields push to fresh yearly highs, and the Federal Reserve interest rate decision may keep the precio… [+2746 chars]
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