Hawkish statements from Fed leaders put pressure on gold prices
This week has seen many hawkish statements from US Fed representatives. US Federal Reserve Chairman Jerome Powell supported a further rate hike but at a slower pace and confirmed the Fed's intentions to curb inflation to 2%. Because of the continued rise of bond yields, gold is losing its attractiveness.
Why to trade with Libertex?
- access to a demo account free of charge
- technical assistance to the operator 5 days a week, 24 hours a day
- leverage up to 1:500
- operate on a platform for any device: Libertex and Metatrader 4 and 5
- no commissions for extractions in Latin America
Experience the excitement of trading!
Try our risk-free demo account
