🔴 4GLD.DE is trading 2.3% down today as gold prices fall on strong US dollar, hawkish Fed signals, and tech sell-off
Xetra-Gold
- Gold prices are declining due to a firmer U.S. dollar and hawkish Federal Reserve signals.
- Expectations of elevated interest rates and potential future rate hikes are making gold less attractive to investors.
- A sell-off in global technology stocks is also contributing to gold liquidation as investors seek cash liquidity.