This afternoon the Federal Reserve released the minutes from last month’s FOMC meeting. Unanimously Fed officials agreed that the central bank should slow the pace of its aggressive rate hikes.
Recent Reports
For the last 6 months, gold futures have been unable to break above $1840. The price range from $1780 to $1840 had contained pricing for the last month of 2022 but today on the first trading day of 2023 Gold had a successful break out to higher pricing.
