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Gold hit new record high ($2265) in early Monday’s trading, as markets reopened after Good Friday’s pause. The metal starts the month in firm bullish mode, after softer US inflation data boosted expectations for Fed’s first rate cut in June (bets currently show 69% probability for June rate cut). Gold advanced 3% last week and […]

The post XAU/USD: Gold Hits New Record High on Growing Hopes for Fed Rate Cut in June appeared first on Action Forex.

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