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Gold Tumbles To Three-Week Low On Fed Minutes, Firmer Dollar

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Gold resumed its drop for a second straight session on Thursday, trading near a three-week low, after Fed minutes signaled a rate hike in June was live helping the dollar to climb to a seven-week high. The precious metal hit a low of $1252.20 an ounce, while currently trading around[​IMG]

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