Next Week’s Gold Price: Rangebound with a Bearish Outlook
Highlights of the week ended August 4 included a huge surge in long-dated US yields and a US credit rating downgrade by Fitch. Long-term yields surged to fresh cycle high …
gold outlook
Gold prices remain range-bound leading up to the US Federal Open Market Committee (FOMC) decision next week.
The metal benefited from the peak rate narrative being pushed by the markets as inflation readings in the US, Australia, New Zealand, and the UK came in short of forecast, …