Gold price drops to over one-week low amid reduced Fed rate cut expectations – FXStreet
Gold prices continued to decline for the third consecutive day on Monday, but lacked continued growth. Expectations that the Fed will continue to raise interest rates for an extended period continue to weaken XAU/USD. Geopolitical risks will help limit the downside ahead of the FOMC’s major policy decision on Wednesday. Gold prices (XAU/USD) had a […]