On May 22, spot gold and New York futures gold both fell below $4500 per ounce, declining by 0.94% during the day. Traders have fully priced in a 25 basis point interest rate hike by the Federal Reserve by the end of 2026.
On May 22, spot gold and New York futures gold both fell below $4500 per ounce, declining by 0.94% during the day. Traders have fully priced in a 25 basis point interest rate hike by the Federal Reserve by the end of 2026.
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