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December 13, 2024

Gold Prices Slide as Dollar Gains Ground from Fed Easing Expectations

Gold prices retreated as the Dollar gained traction fueled by hopes of gradual easing from the Federal Reserve. Recent market dynamics reveal that investors are recalibrating their positions amid changing economic signals. Gold currently stabilizes while facing downward pressure from a strengthening dollar, highlighting the ongoing tug-of-war between traditional safe-haven assets and currency strength. Investors must stay alert to market shifts that may affect gold prices in the coming days, as Fed policies continue to shape the economic landscape.

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