The post Mexico Banxico Interest Rate Decision below expectations (7%): Actual (6.75%) appeared on BitcoinEthereumNews.com. Gold comes under renewed selling pressureThe post Mexico Banxico Interest Rate Decision below expectations (7%): Actual (6.75%) appeared on BitcoinEthereumNews.com. Gold comes under renewed selling pressure

Mexico Banxico Interest Rate Decision below expectations (7%): Actual (6.75%)

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Gold comes under renewed selling pressure on Thursday, slipping back below the $4,400 mark per troy ounce, setting aside at the same time two consecutive days of gains. Concerns that higher energy prices linked to the Middle East crisis could fuel global inflation weigh on the yellow metal, while persistent strength in the US Dollar adds further downside pressure.

Source: https://www.fxstreet.com/news/mexico-banxico-interest-rate-decision-below-expectations-7-actual-675-202603261900

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