Gold, silver pounded by Fed's hawkish pivot
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The Federal Reserve's hawkish pivot has led to a significant decline in gold and silver prices. This development is likely to impact related financial instruments, including ETFs like AAAU.
December 19, 2024 | 6:30 pm
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The Fed's hawkish stance has caused a drop in gold prices, which is likely to negatively impact the AAAU ETF that tracks gold performance.
AAAU is an ETF that tracks the price of gold. The Fed's hawkish pivot has led to a decline in gold prices, which will likely result in a short-term negative impact on AAAU's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80