Gold is expected to find good support into the dips on geopolitical concerns emanating from the Middle East as the US and the UK strikes on Houthis have made the region vulnerable. Nonetheless, the yellow metal will be at. a risk to slide lower in case the tensions remain contained, more so as hard macroeconomic data of the US economy remain encouraging.
Gold rises but investors stay cautious about ‘hawkish’ Fed tone
Gold prices saw a slight uptick on Tuesday, despite a minor dip in expectations for U.S. interest rate cuts. Investors are cautiously awaiting the Federal