Gold Loses Shine as Interest Rate Hike Talk Heats Up
The price of gold (XAU/USD) has dropped below $2,400 per ounce on Wednesday, weighed down by a shift in the outlook for interest rates. Reasons for the Decline: Technical Analysis: Despite the current pullback, the long-term trend for gold remains bullish. However, the direction in the near term will depend on the outcome of the […]
