Tag: Gold Market, Economic News
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Gold Plummets Amidst Strong Dollar, Ends Four-Session Rally; Investors Eye Fed – Reuters
The luxurious luster of gold has been slightly diminished as the yellow metal’s prices plummeted, culminating a four-day rally. This has predominantly been as a consequence of a robust U.S. dollar, somewhat souring investor sentiments. This downfall occurs in the shadow of the U.S. Federal Reserve dynamics, another critical factor under careful scrutiny by keen…