Abstract:In global markets, gold was slightly lower at $1,917 per ounce, after touching its lowest since March 1 at $1,906 on Tuesday.

In global markets, gold was slightly lower at $1,917 per ounce, after touching its lowest since March 1 at $1,906 on Tuesday. Tonight, the US central bank is expected to announce its first interest rate hike in three years to tackle soaring inflation. The prices dropped this morning during the Asian hours.The safe-haven assets such as the precious metals gained some support as fighting in Ukraine shows no sign of abating.Now, gold trades at $1925.78, which is an advance of $4.93 or 0.26% from the previous close of 1920.85. The daily trading range is from $1918.12 to 1928.84, while the trading volume is 44.69K.Kiev rejected Russian calls to surrender the city of Mariupol, and there seems to be no end of the war of the very near run.
Two Fed officials called the central to follow o a more aggressive approach against inflation figures. Fed Chairman Jerome Powell and Atlanta Fed President Raphael Bostic are due to report later today. In the meantime, palladium added 2.8% to $2,561.25 per ounce. Silver added 0.4% and platinum rallied 0.8%.
Higher US Treasury yields also put pressure on the yellow metal. Gold is highly sensitive to rising US interest rates, and consequently higher yields on benchmark US 10-year Treasury notes which increase the opportunity cost of holding non-yielding bullion.

Do BDFX officials mislead you with poor market advice that leads to capital losses? Do you feel they themselves cannot trade the risk management analysis perfectly? Did the Comoros-based forex broker close your forex trading account and steal your funds? Did your numerous fund withdrawal requests go in vain? These are potential forex investment scams. Many traders have highlighted these trading issues on broker review platforms. Check out some of their complaints in this BDFX review article.

Did PURE MARKET stop processing payments after receiving deposits on the trading platform? Do you get a sense of a Ponzi scheme when trading with PURE MARKET? Does the broker intentionally delay your fund withdrawals? Have you faced a profit deduction on account of a wrong, arbitrary claim by the broker? Does the broker change the spread frequently to cause you losses? In this PURE MARKET review article, we have investigated these complaints against the Vanuatu-based forex broker. Keep reading!

24Five Scam Alert exposes suspicious practices, a lack of a license broker, and hidden risks. Protect your money with key insights today.

PM Financials Scam Alert: Broker lacks a valid license, ignores withdrawal requests, and scams traders. Don’t get trapped — stay away.