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Gold market trends: Prices drop for third week as dollar stays firm; Fed tone and China move weigh on sentiment

6 months ago

Gold prices have dipped for the third consecutive week, influenced by a robust US dollar and cautious Federal Reserve statements. This has dampened investor interest in safe-haven assets. While bullion trades within a narrow band, analysts suggest a pause-and-assess phase, awaiting clearer economic signals. Silver also experienced a decline amid industrial demand concerns.
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