Gold weakens as Fed tightening concerns trump growth worries; volatility likely to continue

Gold has been stuck in a range as the central banks' emphasis on monetary tightening has kept the pressure on prices while increasing debate about a possible recession has kept a floor to price.The ongoing debate about the impact of monetary tightening on economic growth is unlikely to subside soon and this may keep gold rangebound.

Gold weakens as Fed tightening concerns trump growth worries; volatility likely to continue
Gold has been stuck in a range as the central banks' emphasis on monetary tightening has kept the pressure on prices while increasing debate about a possible recession has kept a floor to price.The ongoing debate about the impact of monetary tightening on economic growth is unlikely to subside soon and this may keep gold rangebound.