Gold Price Forecast: XAU/USD Back Below $1700 On Fed Rate Hike Expectations
September 15, 2022 at 05:39 AM EDT
Gold looks to test July swing lows today after yesterday’s U.S. inflation ‘hangover effect’ seems to have dissipated. The U.S. dollar is bid once more weighing negatively on bullion due to market anticipation of a large interest rate hike next week.
