Gold Price Forecast: XAU/USD Reversal Might Be Premature. Eyes On Fed, GDP And PCE
July 23, 2022 at 14:00 PM EDT
Gold prices saw a recovery this past week, with XAU/USD rising about 1%. While it was not much, that was the best weekly performance since the middle of June. A combination of a weaker US dollar and falling Treasury yields likely benefited the metal.
