Gold prices stable as Fed minutes brought no change
Thu, May 26, 2022 7:52 AM

Gold prices stable as Fed minutes brought no change

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Gold prices were stable on Thursday as the rising Treasury yields curbed their appeal which was somewhat revived by minutes from a U.S. Federal Reserve policy meeting. It looks like the central bank will stay the course on interest rate hikes.  

Spot gold witnessed minimal changes and held its ground at $1,852.27 per ounce, as of 0057 GMT. U.S. gold futures attained 0.3% to $1,852.30. 

 

 

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