Gold

gold

Gold, at Two-Week Highs After the Fed Chairman’s Speech

The price of gold has once again exceeded 1,750 dollars an ounce, its highest in the last two weeks. It resulted from Jerome Powell’s speech and the monetary policy measures adopted by the Federal Reserve. The central bank chairman has confirmed that, for the moment, there will be no increases in interest rates. The Fed …

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Gold

The gold price movement to be determined after Powell’s speech

A week ago, the dollar drop caused gold and oil prices have reached inflection points. Jerome Powell, Federal Reserve chairman, is expected to make a speech. Besides, the Labor Department will release US jobs numbers for February. For oil prices, the meeting of OPEC and its allies this month is critical. As for gold, Powell’s speech hosted …

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