Gold Price Forecast: XAUUSD falls further below $1750 after US ISM PMIs, FOMC minutes eyed - FXStreet
7/6/2022 12:00:00 AM2 years 9 months ago
by Christian Borjon Valencia
by Christian Borjon Valencia
Gold price tumbles to fresh multi-month lows below $1752.51, amidst concerns of a global economic recession, but also driven down by a solid greenback
- The non-yielding metal slips further as US bond yields recover from Tuesday’s session.
- US Global and ISM Services PMIs beat expectations but slowed compared to May’s readings.