What’s in store for gold price as Fed remains laser-focused on inflation and its supersized hikes?
What's in store for gold price as Fed remains laser-focused on inflation and its supersized hikes? The gold market will be wrapped up in the Federal Reserve's interest rate decision next week as analysts see the U.S. central bank ignoring the steep drop in the U.S. Q1 GDP data and remaining fixated on fighting inflation. Gold is looking to end April down 1.7% on the month despite Friday's gains. June Comex gold futures were last trading at $1,912.20, up $21…