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US monetary policy pressures gold
A growing narrative hinting at a faster-than-expected US interest rate hike could push gold prices down to US$3,600 an ounce or as low as 55,000 baht per baht weight for domestic gold bars in the near term amid persistent concerns over elevated inflation, says YLG Bullion and Futures.
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bangkokpost.com
US monetary policy pressures gold
A growing narrative hinting at a faster-than-expected US interest rate hike could push gold prices down to US$3,600 an ounce or as low as 55,000 baht per baht weight for domestic…
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economictimes.indiatimes.com
Gold may fall to $3,800 on Fed hike risk; ETF outflows, weak Asia demand weigh – Deutsche Bank report
Gold could fall to $3,800 per ounce if markets price in multiple US Federal Reserve rate hikes, according to Deutsche Bank. Weak ETF inflows, soft Asian demand and subdued…