Gold trades at the lower end of its latest range with a near-term bearish stance XAU XAUUSD $XAU $XAUUSD
The US Federal Reserve will have a monetary policy meeting this week.Gold Price edged lower on Monday as investors rushed into the greenback in a risk-averse environment. XAUUSD traded as low as $1,823.39 a troy ounce, now changing hands at around $1,830. Financial markets are all about skyrocketing US Treasury yields after the country released its latest inflation figures on Friday. The Consumer Price Index rose by 8.
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