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Gold markets plunged quite drastically again on Tuesday to break through the $1920 level before finding buyers again.
Gold continued to decline after bond yields rose ahead of the key Federal Reserve meeting where policy makers are set to raise US interest rates.
Gold markets fell again on Monday to reach towards the $1950 level in the futures market.
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Gold prices fell below the historic psychological high of $2000, ending the tumultuous trading week.
Gold markets initially fell a bit during the trading session on Thursday but look as if they are trying to stabilize.
We have often noted that buying gold after breaking record highs will be a risk.
Gold prices rose sharply on Tuesday as the price of gold jumped towards the resistance level of $ 2070 an ounce, near the top of the fears of the COVID-19 pandemic.
The gold market got a bullish price gap that pushed it towards the psychological resistance level of 2002 dollars an ounce.
Gold markets gapped higher to kick off the trading week on Monday and then broke above the $2000 level.
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Despite the increasing expectations of the chance of an aggressive hike in US interest rates this year, the gold price is in a sharp bullish range.
Gold markets went straight up in the air over the last couple of weeks as the Russians continue to invade Ukraine.
Gold markets have gapped higher to kick off the trading session on Thursday but then went back and forth as we continue to see a lot of noisy behavior.
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Gold prices fell, losing steam for the first time in three days, as strong stock markets slightly dampened the commodity's safe-haven appeal.
Gold markets pulled back to the crucial $1920 level on Wednesday, an area that has been important more than once.
The price of gold gained as investors weighed the impact of sanctions against Russia with Moscow's countermeasures in the wake of the invasion of Ukraine,