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Metals Slip, Dollar Weakens as US Shutdown Drags On

From monetamarkets.com

The US Dollar weakened below the 98.00 mark on Friday as the government shutdown dragged into another day, raising concerns about its economic fallout. Precious metals remained under pressure, with gold and silver edging lower as profit-taking and a firmer risk tone offset safe-haven demand. Broader FX markets stayed cautious, balancing shutdown risks with central bank signals and commodity price shifts. Gold Price Forecast (XAU/USD) Current Price and Context Gold drifted lower on Friday as risk appetite improved and the US Dollar extended its modest recovery. Despite the downside move, losses remain limited as the ... (full story)

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  • Category: Technical Analysis