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23.10.202501:18:08UTC+00Gold Declines for Third Session

Gold prices declined to approximately $4,080 per ounce on Thursday, marking the third successive session of decreases amid persistent selling pressure after reaching record highs repeatedly in recent weeks. The metal now stands roughly 6% below its peak, following its most significant weekly drop in over five years. Contributing to this downward trend is the optimism surrounding a possible US-China trade agreement, spurred by upcoming discussions between Presidents Trump and Xi Jinping. Trump's recent conciliatory statements towards China have also diminished gold's appeal as a safe haven. Nevertheless, gold remains approximately 55% higher for the year and has increased by more than 5% this month. This upward movement has been bolstered by expectations of two additional interest rate cuts by the Federal Reserve before the end of the year. Additionally, geopolitical tensions continue to provide some support, with the United States imposing new sanctions on Russia shortly after reports emerged that the anticipated Trump-Putin summit was delayed following Moscow's refusal to agree to a Ukraine ceasefire.

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  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $1000 अधिक!
    में अप्रैल हम आकर्षित करते हैं $1000 चैंसी डिपॉज़िट में
    ट्रेडिंग अकाउंट में $ 3,000 जमा करके जीतने का अवसर प्राप्त करें इस शर्त को पूरा करके आप प्रतियोगिता में भाग ले सकते हैं
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  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
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  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
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