Gold Price Forecast: Strong Dollar Caps Rebound After FOMC Minutes - FXEmpire

AI desk brief

Gold recovered modestly, but the rebound remains capped by a strong US dollar and elevated real yields after the FOMC minutes kept attention on the December rate-hike path and persistent inflation risks. The article flags central bank buying as a support, but says a softer dollar and a break above $4,330 would be needed to strengthen the next leg higher in gold.

It also points to gold-to-silver ratio signals and technical levels as key near-term guides for the next move.