Gold Price: Get Ready For A Downward Correction
London (Nov 6) Summary •The language in the latest Fed statement points to a higher bar for further easing.
•The UST 10-year yield is likely to continue growing, which is a key pressure factor for the gold price.
•The US inflation does not want to rise above 2%.
•All this will have a positive impact on the US real rate and will put pressure on the gold price.
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