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Gold/USD: Fundamental Factors Pressure Precious Metal Prices

Current Trends The Gold/USD pair has returned to 2400.0, but this week’s gold market is mainly influenced by fundamental factors. First, the pair is reacting proactively to changes in the U.S. Federal Reserve’s (FRB) monetary policy. The FRB might lower borrowing costs by 25 basis points as early as September. According to the CME Group’s […]