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Posted by
Two Blokes Wed at 6:30 AM -
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Forex
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Gold price (XAU/USD) trades with a negative bias below the $3,300 mark during the Asian session on Wednesday and drops to a one-and-a-half-week low in the last week. The growing acceptance that the Federal Reserve (Fed) will keep interest rates steady for an extended period amid expectations that steep US tariffs would underpin inflation in the coming months had been a key factor behind the recent rise in the US Treasury bond yields.
