Gold price slides as AI rout fuels US Dollar flight
Gold (XAU/USD) price erases Monday’s gains, diving over 1.30% on Tuesday, pressured by broad US Dollar (USD) strength, driven by a hawkish Federal Reserve (Fed), as well as a risk-off mood that is driving flows toward the Greenback's safe-haven appeal.
Gold (XAU/USD) price erases Monday’s gains, diving over 1.30% on Tuesday, pressured by broad US Dollar (USD) strength, driven by a hawkish Federal Reserve (Fed), as well as a risk-off mood that is driving flows toward the Greenback's safe-haven appeal.
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