Gold Wavers After Record-Breaking Run Triggers Profit-Taking

(Bloomberg) – Gold sold in the narrow band after falling on Wednesday, when traders profit from the last metal race.

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Bullion was selling about $ 2,915 ounces, about $ 40 shy Monday, fresh time. In recent days, the United States is supported by the United States, which has reduced its federal reserve expectations in July, while President Donald Trump tariff threats have increased demand for asylum.

Prices have also been strengthened with the restored interest in bars. Last week, net inflows were the largest since 2022, according to Bloomberg.

ETF buyers could “lift the next leg with gold and could compensate weak technical trends and a weak physical market,” said the standard charter.

The traders also controlled the threats of Trump’s fresh trade, after the President signed “Executive Action” on Tuesday, directing the trade department to study possible copper tariffs.

Looking forward, investors will analyze Friday’s main consumption cost index, Fed’s preferred inflation on monetary policy.

Local gold was changed slightly by $ 2,913.46 in New York at 12 o’clock. As of 20. Bloomberg Dollar Spot indicator has also changed small. The silver rose while the palace and platinum were flat.

– Jack with the help of Ryan and Yvone Yu Lee.

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