Gold (XAU/USD) prices triggered some extended selling for the second straight day and fell to a more than two-week low as Speculation that the Federal Reserve (Fed) will maintain its hawkish stance on the back of persistently high inflation helped the dollar extend this week's recovery from its lowest level since December 10. This turned out to be a key factor driving flows away from the non-yielding yellow metal.
Gold price at the time of this news release was at $2,864
Source: Newsmaker.id
