Gold falls below $4,600 an ounce; investors await a possible tightening of Fed policy

The price of gold continued to fall yesterday, on foreign markets, reaching below the $4,600 an ounce threshold, as investors are convinced that shocks to the energy market, generated by geopolitical tensions in the Middle East, will fuel inflationary pressures and will determine the main central banks, including the US Federal Reserve (Fed), to adopt a more aggressive policy. Such an evolution affects the demand for gold, according to fxstreet.com.

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