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Commodities

Gold Slips Below $3,210 as Risk Appetite Grows on Trade Truce and Ceasefire Hopes

Gold prices extended their decline in early European trading on Tuesday, with XAU/USD hovering just above the $3,200 level as market appetite for risk continues to weigh on demand for safe-haven assets. Optimism surrounding the recent U.S.-China trade truce, alongside fresh hopes for a Russia-Ukraine ceasefire, have underpinned a broadly …

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Gold’s Ascends As Moody’s downgrade spurs safe haven demand

The price of gold has experienced a notable rebound, breaching the $3,200 mark as investors sought refuge following Moody’s recent downgrade of the United States’ credit rating to Aa1 from AAA. This decision by the rating agency, citing prolonged fiscal inaction, exerted downward pressure on the US Dollar, consequently bolstering …

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Gold Prices Rise as Moody’s U.S. Downgrade Reignites Safe-Haven Demand

Gold prices climbed on Monday, supported by a resurgence in safe-haven demand after ratings agency Moody’s downgraded the U.S. sovereign credit rating, triggering risk aversion across global markets. Mixed Chinese economic data added to market caution, bolstering bullion’s appeal further. As of 01:51 ET (05:51 GMT), spot gold rose 0.5% …

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Weekly market recap: US dollar and Stocks challenged negativity

US dollar closed this week’s trading with modest gains as it managed to make the best use of optimism around the future of trade between the two largest economies all over the world after USA and China announced an agreement on temporary tariffs cut for 90 days. Dollar gains were …

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