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July 1, 2025

Gold Set to Breakout with Target at $3349.19 Amid Weak Dollar

Gold prices are on the rise as the dollar weakens and yields drop. Bullish investors are eyeing a breakout point at $3349.19, which could propel the price towards a target of $3370. Recent discussions around potential Fed rate cuts and tariff uncertainties have added to this momentum. Investors are keenly watching these developments, as the potential for significant price movements in gold seems imminent. As the market navigates these economic challenges, gold may become an appealing safe-haven asset, particularly for those seeking stability amidst volatility.

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