Gold is trading as a rates instrument right now, could break $4100
MUMBAI, 1 OCTOBER: Gold is caught in a tug-of-war. The Iran war, inflation and geopolitical uncertainty should be supportive, but rising yields and a stronger U.S. dollar are working in the opposite direction. These powerful forces with hawkish U.S FED are creating short-term pressure. September & US Fed Rate – Inflation remains above target with…
