Gold prices recovered and moved higher on Thursday after the latest US inflation data came largely in line with market expectations. The report reduced immediate concerns about aggressive interest rate hikes by the US Federal Reserve, causing both the US dollar and Treasury yields to decline.
Federal Reserve
Gold Price Forecast: Deutsche Bank Warns of Fall to $3,800 on Fed Rate Hike Risk
Gold prices may face significant pressure in the coming months if the US Federal Reserve signals fresh interest rate hikes, according to a recent report by Deutsche Bank. The German banking giant has revised its gold price outlook lower, warning that tighter monetary policy could weigh heavily on the precious metal.
Fed Shifts Gears: Will the Rally in Gold and Silver Stall?
Fed interest rate decision: Gold and silver have delivered strong gains over the past several months, supported by economic uncertainty, inflation concerns, and expectations of interest rate cuts. However, the latest signals from the US Federal Reserve have left investors wondering whether the rally in precious metals can continue.
Jerome Powell बने Fed के कार्यवाहक चेयरमैन, Kevin Warsh जल्द संभालेंगे कमान
Jerome Powell बने Fed के कार्यवाहक चेयरमैन, Kevin Warsh जल्द लेंगे शपथ: अमेरिका के केंद्रीय बैंक Federal Reserve में बड़ा बदलाव देखने को मिला है। शुक्रवार को Jerome Powell का आधिकारिक कार्यकाल खत्म हो गया, लेकिन नए चेयरमैन के शपथ लेने तक उन्हें कार्यवाहक चेयरमैन बनाया गया है।
Dollar Hits 2-Month High as Fed Rate Hike Bets Push US Currency Up
Dollar largest weekly rise: The dollar firmed on Friday and was set for its largest weekly gain in more than two months, as rising energy prices and prolonged disruptions to shipping stoked inflationary pressures, boosting bets on a Federal Reserve rate hike this year.