Investors viewed gold as a hedge against fiscal concerns, leading to inflows into global gold ETFs due to economic uncertainty and US inflation data.
2 reports, 2 independent
Updated Sep 15
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What happened
Investors viewed gold as a hedge against fiscal concerns, leading to inflows into global gold ETFs due to economic uncertainty and US inflation data.
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Part of
The outlook of the Federal Reserve (FED) is currently impacting expectations and market movements within the gold market.Also in this story
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- Markets are pricing in future Fed rate hikes as central banks begin buying gold at a record pace.