Gold still shiny though challenged

Gold was dented on Wednesday by the surprisingly hawkish wording of the minutes of the April FOMC meeting. While a stronger dollar will create a more challenging environment for gold the focus may turn to rising inflation which combined with very low interest rates elsewhere will keep supporting gold in coming months.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/gold-still-shiny-though-challenged-7648656?utm_medium=tf4-feed&utm_source=extract