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GOLDEN MARKET COMMENTARY 20/2/2023
XAUUSD
, 240
XAUUSD: GOLDEN MARKET COMMENTARY 20/2/2023

Gold prices at the New York Mercantile Exchange fell in the last session of the week of February 17, when traders said that the US Federal Reserve (Fed) would continue to raise interest rates, as inflation fell but remained at a low level. high level. Gold price for delivery in April 2023 fell 1.6 USD, or 0.09%, closing the last session of the week at 1,850.2...

GOLD (February 17) prolongs consecutive decline
XAUUSD
, 240
XAUUSD: GOLD (February 17) prolongs consecutive decline

Gold prices are extending their three-day decline today, following a sharp reversal on Thursday near $1,850. Buying interest around the US Dollar remains unabated amid hawkish (FED) expectations. Strong US Nonfarm Payrolls data was hit by PPI. Furthermore Retail Sales rebounded 3.0% MoM, while Core Retail Sales also increased 2.3% vs 0.8% estimate. US economic...

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