Gold Outlook: Modest Losses from Record Highs as Greenback Strengthens
The ongoing geopolitical tensions, like the US-China trade tensions and the war between Russia and Ukraine, lend support to gold. The pullback seems short-term amid a stronger US dollar as expectations of Fed easing continue to enhance gold’s safe-haven appeal. Traders look forward to FOMC’s Waller speech for further policy cues. The gold outlook indicates…
The post Gold Outlook: Modest Losses from Record Highs as Greenback Strengthens appeared first on Forex Crunch.
