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Gold: Upward Rebound Awaits Stimulus
For three consecutive trading sessions, the price of gold has attempted to rebound higher, but gains have not exceeded the level of $2023 per ounce. As mentioned yesterday, the American holiday at the beginning of the week's trading may affect liquidity and performance, and the price of gold may remain within narrow ranges until reactions to the announcement of the content of the latest Federal Reserve meeting minutes and hints from other global central banks, along with the trajectory of global geopolitical tensions, are observed. On the economic front, a report on U.S. wholesale inflation served as the latest ... (full story)