Gold implodes as the Warsh-led Fed fuels US Dollar surge
Gold (XAU/USD) price reverses course and collapses to two-day lows of $4,219 as the US Federal Reserve (Fed) tilts hawkish, expecting tighter policy amid inflation that has remained above the 2% goal on the debut of new Fed Chair Kevin Warsh.
Gold (XAU/USD) price reverses course and collapses to two-day lows of $4,219 as the US Federal Reserve (Fed) tilts hawkish, expecting tighter policy amid inflation that has remained above the 2% goal on the debut of new Fed Chair Kevin Warsh.
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