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Gold lifts towards $2,475 as USD/JPY slips below 148
Further to earlier updates on the USD/JPY, the dollar has now dropped below 148 a moment ago and that fall has helped to push Gold higher now. It was noted here much earlier today, that gold was holding up very well, given the gains in US yields and the push above 149 in the USD/JPY. Well, now the metal has fared even better and risen to fresh session highs close to $2,475, as the dollar falls back. That means it is once again lifting close to the current 2024 and all time high, at $2,483.73. Gold is currently trading at $2,473.20
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