FXStreet · 1 min read

Gold soars as Waller's dovish tone hurts Fed hike bets ahead of NFP

Gold soars as Waller's dovish tone hurts Fed hike bets ahead of NFP

Gold (XAU/USD) rallies more than 2% on Thursday following dovish comments by Federal Reserve (Fed) Governor Christopher Waller, who advocated holding rates steady if inflation data shows the disinflation process continues.

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