Gold prices may face dual pressures.
The U.S. Federal Reserve will release its latest Beige Book report at 2:00 AM Hong Kong time on Thursday. This report, covering the 12 Federal Reserve districts, will be a key reference for the Fed’s fourth policy meeting of the year in two weeks. If the Beige Book’s description of inflation increases market concerns that the Fed will need to raise interest rates to curb inflation, the movement to cash out and avoid the risk of rising interest rates in… … »Gold prices may face dual pressures.