The gold market is struggling to find some bullish momentum after the U.S. central bank significantly pushed back on expectations of an aggressive easing cycle kicking off in March.
GOLD: Here’s What’s Happening Right Now
Central banks bought more gold last year than any year since records have been kept.
Gold in Q1: Hello, Banking Crisis
The shocking closure of two US banks, the Fed slowing interest rate hikes, and a weakening US dollar all roiled markets and led to a spike in gold demand.