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Gold: The market is still dominated by sellers near the $4,700 mark leading up to the US PMIs.

Gold: The market is still dominated by sellers near the $4,700 mark leading up to the US PMIs.

Published 1 month, 1 week ago
Description
Gold maintains its intraday declines during the European session on Thursday, although it demonstrates a degree of strength beneath the $4,700 threshold. The US Dollar experiences upward momentum for the third consecutive day as indications of tension between the United States and Iran persist, linked to the American naval blockade affecting Iranian ports.
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