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COMEX Gold prices declined for the fourth consecutive week, facing pressure from robust US economic indicators and the slightly hawkish tone of the FOMC meeting minutes. The erosion in gold’s value comes as it broke below the significant threshold of $1,900 per troy ounce and currently hovers near its lowest point since March 2023, a period marked by the US banking crisis. This downward movement corresponds to the continuous rise in treasury yields and the dollar index, which have both seen a st ..

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