BriefApril 14, 2026 · 05:54 AM
Fed rate uncertainty and diplomacy optimism weaken US Dollar to lift Gold
Gold prices rose to the $4,777 area as the US Dollar weakened. The decline in the US Dollar was driven by optimism regarding negotiations with Iran, expressed by US Vice President JD Vance, and uncertainty regarding future Federal Reserve interest rate moves. The CME Group's FedWatch Tool indicates a 30% chance of a 25-basis point rate cut in December.
Jasper Falconer
commoditiesforeign exchangemonetary policy
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