Gold futures trade little changed early Friday, attempting to stabilize after ending the previous session at its lowest since April 2020.
Gold futures were marginally lower Friday, attempting to stabilize after ending the previous session at the lowest since April 2020.
While... Gold futures were marginally lower Friday, attempting to stabilize after ending the previous session at the lowest since April 2020. While gold is often described as an inflation hedge, the aggressive tightening by the Fed has served to send the U.S. dollar surging versus major rivals, with a dollar index DXY , trading near a 20-year high, while Treasury yields have jumped.
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