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Gold Falls To Seven-Week Low On Fed Rate Outlook, Strong Dollar

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 25, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Gold resumed its drop for a sixth straight session on Tuesday, trading neat its lowest level in seven weeks, amid expectations the Federal Reserve could hike interest rates as soon as next month. The precious metal hit a low of $1222.70 an ounce, while currently trading around $1223.26 from the[​IMG]

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