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Gold has run towards US$1940 in Asia trade

Geopolitical risk has built and built, gold getting a tail wind.Its jumped in Asia trade:The gold bugs are going to argue that with the rising stress in the Middle East, it'll be oil prices that are 'higher for longer' and the weight on economies will tip over into recession. And thus interest rates will not be higher for longer, central banks will be forced to accommodate again. The gold bugs may have a point. This article was written by Eamonn Sheridan at www.forexlive.com... Read More

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Content Topics

Gold

Towards

Us

1940

Asia

Trade

Us 1940

Forex

Posted: Oct 18 2023, 01:48

Author Name: forexlive

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