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Gold prices surged to 2,570 USD per troy ounce on Friday. New record highs became possible amid the weakening position of the US dollar and declining yields on US government bonds. Gold prices began to rise after the release of another package of US macroeconomic statistics. The weekly initial jobless claims increased compared to the […]

The post Gold Sets a New Record as Prices Rise Higher appeared first on Action Forex.

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16/05/2024

Sunset Market Commentary

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