Gold Price Forecast: XAU/USD May Surrender FOMC Gains on Return of Bond Bears - DailyFX

6/15/2022 12:00:00 AM2 years 10 months ago
by Thomas Westwater

Gold prices may surrender gains made after the Federal Reserve's rate decision sent Treasury yields lower. However, with more rate hikes ahead, bond bears may return to gold's detriment.

Gold, XAU/USD, FOMC, Treasury Yields, Breakevens, Technical Forecast - Talking Points

  • Gold prices receive a boost from the Fed’s jumbo 75-basis-point rate hike
  • The drop in Treasury … [+2834 chars]

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