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Gold prices consolidate to end the week over 2% lower

From thegoldforecast.com

Gold markets experienced their most significant weekly decline since June, with prices falling over 2% as investors navigated conflicting economic data and policy developments. The week opened with substantial selling pressure as traders digested new clarification regarding tariffs on gold bullion, triggering a sharp drawdown that sent both spot gold and gold futures significantly lower. Market sentiment showed signs of recovery on Tuesday following the release of Consumer Price Index data that revealed inflation rising at a slower pace than economists had anticipated. This tepid inflation reading provided fresh ... (full story)

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  • Category: Fundamental Analysis