Gold slides as Warsh Fed pick, hot ISM data extends bullion unwind
Gold (XAU/USD) retreats more than 4% on Monday after the US President Donald Trump announced his pick to lead the Federal Reserve (Fed) in succession to the Fed Chair Jerome Powell. Economic data in the US paint an optimistic outlook as manufacturing activity improves.
Gold (XAU/USD) retreats more than 4% on Monday after the US President Donald Trump announced his pick to lead the Federal Reserve (Fed) in succession to the Fed Chair Jerome Powell. Economic data in the US paint an optimistic outlook as manufacturing activity improves.
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