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Gold Prices May Backtrack as Markets Steady, Omicron a Wildcard

DailyFx
 2021-12-06

Cover picture for the articleGold prices rise as risk aversion pulls down real interest rates. Sentiment may stead amid news-flow lull, Omicron a wildcard. Chart setup tilts cautiously bearish near six-month range axis. Gold prices managed gains despite a stronger US Dollar on Friday as risk aversion swept financial markets. An ominously “stagflationary”...

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