Fed Chair Jerome Powell dismisses gold’s surge above $5,300, saying it does NOT signal a loss of Fed credibility.
The Fed remains focused on inflation data and employment, not asset price moves.
Markets, however, continue to treat gold as a hedge against macro risk, dollar weakness, and future rate cuts.
📊 Actions speak louder than words.
#GOLD #FederalReserve #Powell #macroeconomic #Inflation
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