Jun 18, 2026
Gold retreats as Fed shock sends US Dollar to YTD highs
Gold (XAU/USD) price recoils by 0.70% on Thursday as traders continue to digest the Federal Reserve's (Fed) hawkish tilt, bolstering the Greenback and pushing it to a new year-to-date (YTD) high, a headwind for the yellow metal. The XAU/USD pair trades at $4,223 after reaching a high of $4,330.
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