Gold trades with a positive bias as dovish Fed outlook offsets firmer US Dollar

Gold (XAU/USD) rebounds on Wednesday after early losses, though a firmer US Dollar (USD) continues to cap upside momentum. At the time of writing, XAU/USD is trading around $4,335, up nearly 0.70% on the day.

Gold trades with a positive bias as dovish Fed outlook offsets firmer US Dollar
Gold (XAU/USD) rebounds on Wednesday after early losses, though a firmer US Dollar (USD) continues to cap upside momentum. At the time of writing, XAU/USD is trading around $4,335, up nearly 0.70% on the day.

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