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November 20, 2024

Gold Price Outlook: Can XAU USD Break $2,650?

Gold prices exhibited strength early Wednesday, aiming to reclaim the $2,650 mark. This comes as traders await important speeches from US Federal Reserve officials and Nvidia’s earnings report. Geopolitical tensions, particularly between Russia and Ukraine, add to the market’s complexity. Investors should keep a close watch on market indicators and global news that could influence gold’s trajectory.

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