Gold Price Peels Lower as US Dollar and Treasury Yields Gain. Where to for XAU/USD? - DailyFX


8/2/2022 12:00:00 AM3 years 7 months ago
by Daniel McCarthy

Gold dipped overnight after four Fed speakers hit the wires to hose down a pivot in policy, sending Treasury yields and the US Dollar higher. Will the XAU/USD recover?

GOLD, XAU/USD, US DOLLAR, FED, REAL YIELDS, TREASURIES - Talking Points

  • Gold slipped after Fed speakers delivered an integrated message
  • The US Dollar and Treasury yields were lifted … [+2437 chars]

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