Gold falls mainly for XAU to rise
World gold prices plummeted as the USD continued to demonstrate its strength compared to most other currencies in the world
In the long term, the upward trend in gold prices remains unchanged. However, in the short term, precious metals continue to be under selling pressure due to a strong USD and the rather cautious monetary policy of the US Federal Reserve (Fed).
The personal consumption expenditures (PCE) price index is awaited on Friday
In the long term, the upward trend in gold prices remains unchanged. However, in the short term, precious metals continue to be under selling pressure due to a strong USD and the rather cautious monetary policy of the US Federal Reserve (Fed).
The personal consumption expenditures (PCE) price index is awaited on Friday
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