#declinegoldhold
declinegoldhold
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Gold prices have been holding lower after recent pullbacks, instead of bouncing back sharply.When equities and crypto rally, or when geopolitical tensions ease, investors rotate out of safe-havens like gold.Higher-for-longer US rates and a firmer dollar make non-yielding gold less attractive vs bonds.After gold hit record highs earlier this year, some traders are locking in gains, but dip buyers are stepping in to prevent a deeper drop.
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#GOLD_UPDATE
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