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Gold Price Forecast: XAU/USD plunges below $1,750 on soaring yields

FXStreet.com
 27 days ago

Cover picture for the articleGold turned lower for the second successive day and retreated further from the post-FOMC highs. A more hawkish Fed/BoE and rising US bond yields drove flows away from the non-yielding metal. A broad-based USD weakness did little to lend any support to the dollar-denominated commodity. Update: After climbing above $1,770...

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