Dollar Strength Will Continue to Weigh Down Gold Prices
October 03, 2023 at 08:56 AM EDT
The narrative of a potential recession keeps on fading into the background. While interest rates remain high, dollar strength is continuing to weigh down gold prices. The U.S. Federal Reserve’s tight monetary policy continues to be a heavy anchor point for gold prices. They started the year on an uptrend, but has since trended lower [...] The post Dollar Strength Will Continue to Weigh Down Gold Prices appeared first on ETF Trends .
