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Gold Price Forecast: XAU/USD rallies further to near $4,050, ignores upbeat US Dollar
Gold price (XAU/USD) extends its rally to near $4,050.00 during the European trading session on Wednesday. The precious metal continues to move higher as deepening political crisis in France and the United States (US) government shutdown have increased the demand of safe-haven assets, such as Gold. French political crisis prompted after Prime Minister Sebastien Lecornu announced a sudden resignation after appointing new cabinet. Meanwhile, US President Donald Trump threatened on Tuesday that the White House would cut spending programs as the government enters its second week of shutdown. Trump also stated that he ... (full story)
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