Gold struggles below $5,200 as firmer US Dollar and higher yields weigh
Gold (XAU/USD) trades with a mild downside bias on Wednesday, failing to build on the previous day’s gains as the US Dollar (USD) extends its intraday advance and Treasury yields edge higher after US inflation data came in broadly in line with expectations.
Gold (XAU/USD) trades with a mild downside bias on Wednesday, failing to build on the previous day’s gains as the US Dollar (USD) extends its intraday advance and Treasury yields edge higher after US inflation data came in broadly in line with expectations.
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