![XAU/USD to recover in medium term as rate hike cycle likely to have ended – Commerzbank XAU/USD to recover in medium term as rate hike cycle likely to have ended – Commerzbank](https://shmi.ir/wp-content/uploads/2023/08/XAUUSD-to-recover-in-medium-term-as-rate-hike-cycle-150x203.jpg)
[ad_1] Share: Gold now finds itself at its lowest level since mid-March. Economists at Commerzbank analyze XAU/USD outlook. Fed Chair Powell will probably leave all options open The recent renewed rise in US yields dampens investor interest, among both the more short-term-oriented speculative financial investors and the ETF investors. In this environment, the