During the beginning of the European session on
Tuesday, the price of gold (XAU/USD) slightly declines. This is attributed to
continued strong demand for the US Dollar (USD), fueled by growing anticipation
that the Federal Reserve (Fed) will maintain elevated interest rates due to persistent
inflation and a robust US economy.
Dr. Kamaran Qader Yaqub,
Fundamental Analyst and Financial consultant at Investment Spot company.
