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Gold price movement

During the beginning of the European session on Tuesday, the price of gold (XAU/USD) slightly declines. This is attributed to continued strong demand for the US Dollar (USD), fueled by growing anticipation that the Federal Reserve (Fed) will maintain elevated interest rates due to persistent inflation and a robust US economy.


Dr. Kamaran Qader Yaqub,
Fundamental Analyst and Financial consultant at Investment Spot company. 

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