Sunday , June 20 2021

Global gold market: Gold prices rise as Fed holds dovish stance and US political stalemate weighs on dollar – Reuters




Global gold market: gold prices rose as the Fed maintained a dovish stance and the US political stalemate suppressed the US dollar.

Gold prices rose on Thursday, with the market increasingly expecting the Fed to stop raising interest rates this year, and the standoff between President Trump and the Democratic Party on the issue of border financing weighs on the dollar .

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