Gold price (XAU/USD) recovery stalls on Wednesday as investors shift focus to the United States inflation data for December, which will be released on Thursday.
US Federal Reserve Governor Michelle Bowman says inflation could fall toward the Fed’s 2% target with interest rates at current levels, which is being seen as backing for lowering borrowing costs
Gold price (XAU/USD) struggles for a direction with further upside seemingly imminent as the Federal Reserve (Fed) sticks its head above the parapet, showing the guts to discuss interest rate cuts.
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