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March 21, 2025

Gold Price Retreats After Record Highs; Market Reacts to Dollar Strength

Gold prices took a dip after reaching a peak of $3,057 as traders began to book profits following the recent surge. The unsettling climb was met with a firming dollar, which ultimately capped the gains. The key support level rests at $2,880, which may entice fresh buying opportunities in the weeks to come. Despite the recent pullback, the bullish trend for gold remains intact, and traders should stay alert to market fluctuations.

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