Gold Sees Bounce as Market Buyers Emerge Before Month-End
Gold witnessed a bounce today, attracting buyers as we approach month-end trading. Currently, the precious metal shows a decline of about 3.5% for the month, putting it on track for its first monthly loss since June. If this trend continues, it will mark the largest monthly loss for gold this year. Traders remain cautious but optimistic with the recent price movements. Future trends will depend heavily on economic indicators and market sentiment as we head into the new month.
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