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Back Fundamental analysis
$4,000 — a New Reality
Gold prices staged a small rebound,
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Gold prices staged a small rebound, rising 0.6% to climb above $4,100 per ounce. This modest gain followed a 4% drop in the previous session, when the metal hit its lowest level in more than seven weeks. Support for the precious metal came from a stabilization in the US Treasury sell-off: the 10-year yield settled around 5.23% after a sharp spike to a 19-year high driven by fading hopes of a diplomatic breakthrough in the Middle East.Brent crude also continued
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
EUR
Summary
Neutral
Urgency
1 day
Analytic
Maxim Magdalinin
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