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Tag Archives: protectionist policies

XAU/USD Declines Amid Firmer US Dollar Ahead of Trump’s Protectionist Policies

Mohamed Abdelhamid Commodities, Daily Economic Reports, Economic Report, Forex Market, Market Update

Gold prices have experienced a significant decline, plummeting over 2.5% on Monday as the US Dollar surged to a four-month high. This downward trend is primarily driven by growing concerns over potential trade tensions under a second Trump presidency. The US Dollar Index (DXY) has climbed to 105.57, boosted by …

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