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XAU/USD – Price Analysis and Forecast: Gold Continues to Decline
Gold (XAU/USD) continues to decline firmly
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Gold (XAU/USD) continues to decline firmly during the day, correcting part of the gains recorded the previous day and returning to the round $4,300 level. Demand for the US dollar remains high due to the Federal Reserve's hawkish approach, which is a key factor behind capital outflows from the precious metal.At its September meeting, the Fed raised interest rates for the first time in more than three years and indicated that another rate hike is planned this year. Moreover, St.
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