Gold pulls back from $5,300 on hawkish hold by the Fed

Gold (XAU/USD) price retreats slightly on Wednesday following the Federal Reserve decision to keep rates steady, while also signaling that the labor market stabilized, which warrants maintaining the Fed funds rate higher for longer.

Gold pulls back from $5,300 on hawkish hold by the Fed
Gold (XAU/USD) price retreats slightly on Wednesday following the Federal Reserve decision to keep rates steady, while also signaling that the labor market stabilized, which warrants maintaining the Fed funds rate higher for longer.

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