Gold Price: Get Ready For A Downward Correction

November 6, 2019

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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