Gold Trading Alert: Wall Street Rattled by Wash's Debut as Fed Hawks Bare Their Claws—Will Gold Hold the $4,200 Support Level?
On Thursday (June 17), the global gold market experienced a dramatic roller-coaster ride. Just before the Federal Reserve announced its interest rate decision, spot gold was firmly trading above $4,330—an increase of over 6% across the previous four trading sessions—fueling widespread market optimism. However, everything reversed abruptly after newly appointed Fed Chair Kevin Warsh completed his debut appearance: gold prices plunged sharply,一度 falling more than 2% to $4,219 per ounce, and ultimately closed at $4,257.60, marking a single-day decline of 1.7%. What exactly triggered this sharp sell-off? I. Rates held steady, but “
FX678 FinanceJun 18 07:39