Gold Makes Another Bid for $2,400 Amidst Geopolitical Jitters, Dollar Retraces
Gold prices embark on another attempt to breach the $2,400 mark as geopolitical tensions loom large. Despite hawkish undertones from the Federal Reserve, the US dollar retraces alongside Treasury yields, fostering a resurgence in risk appetite. Market sentiment prompts profit-taking on long US dollar positions, prompted by the rally spurred by Fed Chair Jerome Powell’s hawkish remarks earlier […]
Gold Makes Another Bid for $2,400 Amidst Geopolitical Jitters, Dollar Retraces Read More »