Gold Price Prediction [Forecast]: Gold price (Yellow Metal) has failed in defending its immediate support of $1,970.00 in the Asian session. The precious metal has dropped firmly as the Federal Reserve (Fed) policymakers are confident that more interest rate hikes by the central bank are in the pipeline in the fight against stubborn United States inflation.
Risk Appetite
Gold Fleetingly Slips Below $1400 Level, New Weekly Lows – Gold Silver Reports
Gold Fleetingly slipped below the key level $1400 psychological mark and refreshed weekly lows during the early North-American session.