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Gold price drops 18 percent from 2024 peak
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🚨 Gold wiped out all its gains for 2026, falling to a three-month low. 📉 The price of gold dropped to $4,327 per ounce, falling approximately 18% below its January peak. 💼 The US employment data released in May, showing 172,000 new jobs, weakened expectations for interest rate cuts. 📊 Market attention is focused on...
Gold price drops 18 percent from 2024 peak
🟡 Gold plunges 18 percent from its January 2024 high. 💼 A robust US jobs report dims hopes of Fed rate cuts and pressures safe-haven demand in $XAU. 📉 Buyers in China, India, and Pakistan are pulling back as markets now await US inflation data for the next move. Continue Reading: Gold price drops 18...
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