U.S. monetary easing
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Precious Metals Pare Gains
Barronsยท 2025-12-23 16:23
Precious metal futures have fallen back after being strong overnight.Precious metals had gained on geopolitical turmoil, as well as a softer dollar, says Li Xing of Exness in a note."Gold continues to benefit from a weaker dollar as expectations of U.S. monetary easing weigh on the currency and treasury yields," says Xing. "Markets currently expect the Federal Reserve to keep rates unchanged in January, but still price in two cuts by the end of 2026." ...