Gold prices fell on Thursday, extending a pullback after the Federal Reserve’s policy meeting Wednesday left its benchmark interest rate unchanged but signaled rates would stay high next year which helped to push the U.S. dollar sharply higher.
Price action
Market drivers
The Federal Reserve on Wednesday signaled that it intends to keep interest rates higher for longer after likely delivering one more hike later this year which helped spark a rally in the U.S. dollar, which is being felt across global markets….
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