Gold Price Forecast: XAU May Fall on Rising Oil and US Dollar

Gold Price Forecast: XAU May Fall on Rising Oil and US Dollar https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2022/06/09/Gold-Price-Forecast-XAU-May-Fall-on-Rising-Oil-and-US-Dollar.html Gold prices continue to languish as a strong US Dollar and rising oil prices weigh on the precious metal. The potential for further losses is on the table as prices near critical technical support.

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DailyFX - Market News FX

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The Japanese Yen (JPY) attracts some dip-buying at the start of a new week and remains close to its highest level since November 14, touched against a weaker US Dollar (USD) on Friday.

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Gold Price Forecast: XAU May Fall on Rising Oil and US Dollar

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