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Gold prices hit a new high on Monday but failed to boost bulls' sentiment. Shimizu's departure may suggest that the gold price lacks reinforcements and may fall into a situation of "ambush on all sides"?
The dollar index rose to its highest level since November 2022 on Tuesday, pushing the euro to its lowest level in a year and other currencies under pressure. The yen and Canadian dollar also fell, approaching key psychological levels. Since Mr. Trump's re-election, strategists across Wall Street have been uniformly bullish on the dollar as Republicans are expected to sweep both houses of Congress. According to recent strategy reports, JPMorgan Chase, Goldman Sachs and Citigroup all expect the d...
Gold prices rebounded overnight, buoyed by lower-than-expected JOLTs, but still stopped at the 2,500 mark. Analysts believe that X appears to dominate the market, and the key to the recovery lies in... > >
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