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ru24.net
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Август
2024

Gold takes breather after record run as investors brace for Fed minutes

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Gold took a pause on Wednesday after hitting a record high driven by U.S. rate-cut expectations. Investors now look to the Federal Reserve's minutes and Jerome Powell’s upcoming speech for more clarity. Geopolitical tensions and uncertainties surrounding the U.S. Presidential elections also play a role in influencing gold prices. The U.S. dollar's decline contributed to this trend.



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