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Gold Attempts to Hold $2,000 Peak
In the midst of a stunning performance by markets and investors, a price gap occurred for gold, breaking all expectations to break the pandemic-era gold record level. According to trading, the price of gold XAU/USD jumped to the resistance level of $2,145 per ounce, the highest in the history of gold prices. However, it soon faced a wave of profit-taking and later retreated. Moreover, the factors that strengthen gold are still in place and increasing, and selling will remain opportunities for buying. With the global economy losing steam and inflation slowing, bond yields have fallen sharply. As, markets offered the ... (full story)