Gold heads for third weekly loss as hawkish Fed rate bets reinforce bearish trend
Gold (XAU/USD) remains under pressure on Friday as traders assess the latest news about the US-Iran peace deal and the Federal Reserve's (Fed) hawkish monetary policy announcement. At the time of writing, XAU/USD trades around $4,150 after hitting a one-week low of $4,121 earlier in the day.
Gold (XAU/USD) remains under pressure on Friday as traders assess the latest news about the US-Iran peace deal and the Federal Reserve's (Fed) hawkish monetary policy announcement. At the time of writing, XAU/USD trades around $4,150 after hitting a one-week low of $4,121 earlier in the day.
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