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XAU/USD. Analysis and Forecast
Gold has lost most of its
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Gold has lost most of its moderate intraday gains and has come under selling pressure. The asset is being pressured by continuous buying of the U.S. dollar, fueled by the realization that the surge in energy prices caused by the war with Iran could accelerate inflation again, forcing the Federal Reserve to delay monetary policy easing. This is the main factor preventing the precious metal from rising.Geopolitical risks remain high amid escalating tensions in the Middle East, which could limit
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Irina Yanina,
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