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Gold's potential is on the rise
Gold's potential is on the rise

Gold's potential is on the rise

The latest reports show that the GDP growth rate in the United States has dropped sharply. New signs of the US economy's weakness are providing reasons to expect the Federal Reserve to raise its interest rate by 0.50% in December as opposed to 0.75%. This is putting pressure on the dollar. The American currency's weakness could provide gold a chance to rise.


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