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May 1, 2025

Gold Prices Hit a Snag: Market Signals Suggest Loss of Critical Support at $3300

Gold prices saw a notable drop of 1.6% during Asian trading on Thursday. This decline marked the lowest point in two weeks as a resurgence of risk appetite, driven by diminishing trade tensions, continues to lessen gold’s appeal as a safe-haven asset. Traders must observe this shift in market sentiment, as it impacts investment strategies going forward.

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