Gold (XAU) Silver (XAG) Daily Forecast: Fed Policy Uncertainty Stalls Market Rebound
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Gold and Silver prices are struggling due to uncertainty around Federal Reserve policy and strong US economic data, which are stalling the rebound of these precious metals. Key support levels are being closely watched.
December 17, 2024 | 7:30 am
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NEGATIVE IMPACT
AAAU, a gold-backed ETF, is likely to be impacted by the current struggle in gold prices due to Fed policy uncertainty and strong US economic data.
AAAU is directly linked to gold prices, which are currently under pressure due to uncertainty in Fed policy and strong US economic data. This could lead to a short-term decline in AAAU's value.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80