RSS Strong US Dollar Puts Pressure on Gold Quotes. Forecast as of 24.12.2024

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 RSS Strong US Dollar Puts Pressure on Gold Quotes. Forecast as of 24.12.2024

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The US dollar has shown the strongest quarterly performance since 2022, and rising treasury yields have led to speculation about the performance of gold. The question remains whether it will regain investors' favor and reach the $3,000 mark. Let's discuss this topic and make a trading plan. Major Takeaways Donald Trump's policies put pressure on gold quotes. The Fed's pause prevents the XAUUSD from rising. The precious metal is expecting a tough start to the year. Gold may collapse to $2,565 and $2,525 per ounce. Monthly Fundamental Forecast for Gold The gold market had a strong start to 2024, driven... Read full author’s opinion and review in blog of #LiteFinance
 
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