Gold prices at a two-week low amidst signs of a pause in Gaza
Analysts say focus has now turned to interest rate cues from US Fed officials
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Analysts say focus has now turned to interest rate cues from US Fed officials
There are, however, headwinds for the metal like a potential hard landing, further rate hikes, geopolitical tensions and higher real rates
Analysts say investors will await US Fed Chairman Jerome Powell’s comments this week; plus, there are a slew of corporate results in the US that investors will keep an eye on
Analysts say there has been a cooling off in bond yields and dollar index, and the safe-haven premium is washing out
The dispute between Israel and Palestine continues to jolt the market, but market participants have shifted focus to growth and inflation concerns temporarily