GOLD - Continue to decline in the context of the "hawkish" Fed

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The XAUUSD gold price started the day at 5:00 am and is currently trading at $1,905 per ounce.

Due to expectations of longer-lasting higher interest rates and Federal Reserve Chairman Jerome Powell's consistent hawkish stance on rate hikes, gold prices have dropped to a nearly four-month low.

Despite the aggressive tightening of monetary policies in many countries globally, inflation remains a significant concern.

Unfortunately, the gold market is not performing well, and there is a possibility of prices dropping below $1,890 per ounce in the near future.
註釋
GOLD let go
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