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Gold Prices Set to Rise on Baked in Fed Rate Hike Bets as CPI Looms - Vimarsana News

Gold Prices Set to Rise on Baked in Fed Rate Hike Bets as CPI Looms

Gold prices are rising this week despite an aggressive shift in hawkish Fed rate hike bets. Bullion traders have a close eye on Fed Chair Powell's confirmation hearing and incoming CPI data.

Gold Prices Drop as US Dollar Approaches Fresh 2021 High - Vimarsana News

Gold Prices Drop as US Dollar Approaches Fresh 2021 High

Gold prices dropped as APAC traders digested the FOMC minutes, causing the US Dollar to rise near its yearly high. Traders eye the upcoming Jackson Hole symposium.