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Gold price dipped to one-week low on Wednesday, deflated by the latest hawkish comments from Fed policymakers. The US central bank expects to bring inflation under control by keeping policy rate unchanged for some time, but also reiterated their willingness to further, if necessary, tighten the policy. The sentiment soured after such comments, though larger […]

The post XAU/USD: Gold Stands at the Back Foot on Hawkish Comments from Fed appeared first on Action Forex.

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