Day: March 28, 2024

Gold Eyes Record Highs Ahead of PCE Data, Despite Rising Yields

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Gold prices soared to a new all-time high of $2,225 on Thursday, defying rising US Treasury yields and a stronger US Dollar. Hawkish Fed commentary and robust US economic data continue to buoy both the Dollar and precious metal prices. XAU/USD currently trades at $2,221, posting over a 1.20% gain. Fed Governor Christopher Waller emphasizes […]

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