Gold weekly outlook: All eyes on FOMC and Warsh - stonex.com
Gold weekly outlook: All eyes on FOMC and Warsh - stonex.com
Source: stonex.com
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DW NOTE
The Fed will likely hold this week, but gold is down 18% from January's peak while oil has spiked 20% in a month on a three-month supply shock. If Warsh signals even modest tightening while energy costs compound into core inflation, the metal faces further pressure — central banks don't ease into commodity-driven price acceleration, regardless of what gold bugs wanted in Q1.