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Gold heading back to 1959 high on weak Dollar

Started by PocketOption, Mar 13, 2023, 08:31 am

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PocketOption

Gold heading back to 1959 high on weak Dollar

Gold prices surged in the Asian session today, following a 2% rally on Friday. At the same time, Dollar and Treasury yield were also trading lower. The market was rocked by the bankruptcy of Silicon Valley Bank, which triggered panic and furthered risk aversion. Moreover, it lowered expectations for interest rate hikes as the failure […]


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