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XAU/USD - Gold Spot US Dollar

Real-time Currencies
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USD
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2,301.89
-1.77(-0.08%)
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XAU/USD Discussions

2Y yields jumped 22% lol , 10Y is over 1.5 again, becarefull guys this is a really really crazy funny market atm
it is very manipulated , doesn't make any sense when you see yields and dollar green then non yielding gold goes up ! they usually move opposite to each other
 That is exactly what I thought. USD should be strong with all the CPI and inflation data and Gold should be other way round. But someone on this forum told me that inflation is good for Gold, Hence it is going up. What do you say?
inflation is good for gold on retail level because it is better than cash ib your pocket BUT, in finance, inflation means pressure on central bank to increase interest rate , which mean way stronger currency and terrible news for non yielding piece of metal, so High inflation can push FEDs to be hawkish, now we must wait for their reaction to this.
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