Gold drifts lower as Fed hike bets boost USD
Gold (XAU/USD) slid back below $4,050 during the Asian session, snapping a three-day winning streak amid renewed selling pressure from Fed rate hike bets and Middle East tensions that boosted the USD.
Original · FXStreet AI summary of public reporting
Why: Fed rate hike bets boost USD
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At publication → CurrentGOLD4,040 → 4,036−0.1%