Gold prices headed higher on Wednesday after rising for four straight sessions as investors awaited an interest-rate decision from the Federal Reserve. Later this week, decisions are also expected from the Bank of Japan and Bank of England.
Market drivers
Market drivers
“The bond market has clearly bought the Fed’s threat of ‘higher for longer,’ with all short- and mid-dated U.S. Treasury yields ending Tuesday at fresh 16-year highs,” Adrian Ash, director of research at BullionVault, told MarketWatch.
Still,…
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