Tag: treasury yield

Higher demand for safe havens after inflation data
XAU
0.48%

Higher demand for safe havens after inflation data

The shock from higher-than-expected inflation data sparks higher demand for safe havens as gold's low/high range was +2.91%.
Gold affected by Fed’s Powell statement
XAU
0.48%

Gold affected by Fed’s Powell statement

Powell admits that high inflation considerably pressures on Fed´s committee to change predictions on interest rates hikes.