Gold Price Forecast: XAU/USD lures bears as Federal Reserve verdict looms, banking fears recede Gold SEO XAUUSD Fed RiskAversion
Rebound in United States Treasury bond yields previously weighed on XAU/USD before the latest inaction.
Gold price portrays the pre-event anxiety as it dribbles around $1,942-45 on the key Federal Reserve Interest Rate Decision Day. US Treasury Secretary Janet Yellen’s comments gained major attention as she said, "Treasury, Fed, FDIC actions reduced risk of further bank failures that would have imposed losses on deposit insurance fund.
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