Although the market is pricing in a decent chance that the Fed is going to hike in July, the more relevant factor for gold is that the market has been simultaneously pricing out the number of cuts that we could expect over the next year
The dollar index firmed 0.47%, making gold less attractive for overseas buyers.
The dollar index firmed 0.47%, making gold less attractive for overseas buyers.
Note
GOLD gooo Plan
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.