Gold lost ground on Friday and fell over 3% following more hawkish tones from Fed policymakers that further dropped bets for December rate cut (below 50%, compared to 80% on Thursday and over 90% just a couple of days ago). FOMC members argued their stance by increased concerns about inflation and relatively stable situation in […]The post XAU/USD: Gold Falls Sharply on Further Cooling of Fed Dec Rate Cut Expectations appeared first on Action Forex.