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globalreutersMay 13, 20241 Mins read
Gold corrects after US data shows pessimism mixed with inflation fears
globalreutersMay 13, 20241 Mins read Gold price (XAU/USD) corrects back, falling a half a percent to the $2,340s on Monday after US Consumer Sentiment data suggested interest rates may remain higher for longer, reducing Gold’s attractiveness as a non-yielding asset.
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