Gold Price Forecast: XAU/USD trims gains after hawkish Fed speakers

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The XAU/USD saw a slight upsurge in Friday's session and is currently trading at $1,980 after hitting a high of $1,995.The price rise was stopped by hawkish words from the Federal Reserve (Fed) officials after the report of strong US housing data which fueled a slight advance in the US Treasuries.

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