Gold slips as firm dollar weighs; focus turns to Fed meeting - Reuters
Gold slips as firm dollar weighs; focus turns to Fed meeting - Reuters
Source: Reuters
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DW NOTE
Gold is down 23% from its January peak. That's not consolidation — it's a drawdown. The dollar rally and rising real yields have turned bullion from a panic asset into a performance drag. The Fed meeting matters only if Powell signals cuts deep enough to reverse both trends at once.