Gold Prices Fall as Fed Balance Sheet Hits $8 Trillion, Reverse Repo Surges GOLD PRICE OUTLOOK: Gold prices pulled back for a second day as the DXY US Dollar strengthened Demand for Fed’s reverse repo facility surged to an all-time high, hinting at excessive liquidity conditions that support the case for tapering The Fed balance sheet hit a record $8 trillion. A slowdown in the pace of expansion may undermine the yellow metal Gold prices extended lower during Monday’s APAC session after falling 1.14% on Friday, as the US Dollar climbed alongside longer-dated Treasury yields. Demand for ...