Gold Price Forecast: XAU/USD drops beneath $1930 on better-than-expected US PMIs Gold XAUUSD Metals SEO
n on a lower note. Factors like a risk-off impulse, and the greenback erasing earlier losses, weighs on theThe US cash equity market is poised for a lower open. The XAU/USD main driver so far in the day has been the American Dollar , which, according to, which tracks the buck’s value vs. a basket of six currencies, is bottoming around 102.000, and so far is up 0.13%, at 102.150.
policy despite rising recession risks,” Chris Williamson, a chief business economist at S&P Global Market Intelligence, said in a statement.US Federal Reserve to raise rates by 25 bps on next weeks Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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