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Gold maintains its edge
Gold maintains its edge

Gold maintains its edge

Gold is trading up for the third week in a row. The main reason behind its rise lies in the release of US consumer price and producer price data. Both indicators slowed more than expected. In addition to that, we see a fall in the actual yield of US Treasury bonds. According to strategists at Bloomberg, this combination will help XAU/USD maintain its upward momentum.

XAU/USD

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