Basil_Trading

Gold prices continued to skyrocket at the end of the week

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The price of gold experiences a significant resurgence as investors seek refuge in safe assets amidst the escalating Israel-Hamas conflict.

The US Dollar and bond yields take advantage of the latest inflation data, which has generated considerable attention.

According to Fed's Collins, if the upward trend in US yields continues, it may potentially reduce the necessity for further policy tightening.
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