XAUUSD

Today XAUUSD steady near $3,378 as Fed bets intensify

Gold (XAUUSD) price holds firm at around $3,370 on Monday as the Greenback recovers some ground following Federal Reserve (Fed) Chair Jerome Powell’s dovish tilt last Friday. A scarce economic docket on Monday, except for New Home Sales, keeps traders focused on labor market data and the Fed’s preferred inflation gauge, the Core Personal Consumption Expenditures (PCE) Price Index.

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