Tag: rally falters
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Analysis:Gold’s record rally falters as bulls run into Fed rate expectations, stronger dollar
LONDON, June 12 : Expectations for U.S. monetary tightening and a strong dollar have taken some wind out of the “perfect storm” powering an upswing in gold since 2023, leaving prices in vulnerable territory around $4,000 per ounce as the interest rate backdrop unfolds. Gold’s reversal has raised questions ove
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