Metals Stocks: Gold futures edge back, jeopardize 3-session run of gains


Gold futures edged back Tuesday, threatening to end a string of gains for bullion after rising for three straight sessions.

There were a slew of Federal Reserve speakers Monday and, “on balance, the tone remained largely dovish” as Fed Chairman Jerome Powell and Fed Vice Chairman Richard Clarida both reiterated that rate hikes will not likely come until late 2022 or 2023, analysts at Sevens Report Research wrote in Tuesday’s newsletter.


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