GgoogleCA first seen 5 d ago, last 12 h ago, peak #2
Gold steadies near $4,000 as Fed holds rates
Original: gold price
Gold is hovering around the $4,000 mark after the Federal Reserve held interest rates with little forward guidance, keeping bets on future rate hikes alive due to persistent inflation. Commerzbank analysts argue the recent price decline has been excessive, while traders watch whether the metal can hold its ground amid firm expectations for tighter monetary policy.
Why now: The Federal Reserve's latest rate decision and gold's struggle around the symbolic $4,000 level are driving active market debate.
Federal ReservegoldCommerzbank
Rank over time, top of the chart is #1. 5 snapshots from 5 d ago to 12 h ago.
Evidence
- Gold and silver selloff is the buying opportunity of the decade - Bawden Capital · Kitco
- USD sees modest sell off after bruising night for Trump · FXStreet
- Gold: Price decline seen as excessive – Commerzbank · FXStreet
- Gold dips near US$4,000 as Fed holds rates with little guidance · Financial Post
- Gold Steadies Near $4,000 as Inflation Keeps Rate-Hike Bets Firm · Bloomberg
Elsewhere
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