Day: October 9, 2024

Gold Price Declines Amidst Stronger US Dollar and Reduced Rate Cut Expectations

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Gold prices (XAU/USD) are under pressure, influenced by a stronger US Dollar and reduced expectations for aggressive Fed rate cuts. The ongoing geopolitical tensions in the Middle East continue to provide some support for gold. Key Factors: Technical Analysis: Overall Outlook: Gold prices are likely to remain volatile, influenced by geopolitical developments, economic factors, and […]

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