Gold Falls as Investors Assess Fed Signals, Await Inflation Data — Market Talk
Bullish strength: 40/100
- The Fed kept interest rates steady, avoiding an immediate rate increase.
Bearish strength: 60/100
- Gold futures fell 0.2% to $4,045.20 an ounce.
- The possibility of further Fed rate hikes remains under consideration.
- Elevated energy prices, bond yields and the dollar are contributing to pressure on gold.
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