Gold Price Outlook Weakens as Philly Fed Data Beats Forecasts
Gold’s safe-haven appeal weakened after the Philly Fed survey jumped to 26.7 in April, easing recession fears as spot gold held at $4,815.90. Read on.
Market NewsGold Price Stays Under Pressure as Philly Fed Index Crashes
Gold price stayed under pressure after the Philly Fed index fell to -0.4 in May, as rising bond yields and a stronger dollar capped bullion demand.
