- Gold price ascends to a two-week peak at $1877.21, buoyed by declining US Treasury yields.
- Fed minutes reveal concerns over dual-sided risks to inflation and economic activity, influencing policy outlook.
- US producer-side inflation data and varied Fed official stances complicate the gold price trajectory.
Gold price (XAU/USD) climbed for the second straight day and printed a two-week high at around $1877.21 on Wednesday, courtesy of falling US Treasury bond yields spurred by the latest Fed meeting minutes. At the time of writing, the XAU/USD is trading at 1874.73, almost flat as the Asian session begins.
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