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Posted by
Two Blokes May 15 -
Filed in
Forex
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3 views
Gold price (XAU/USD) drifts lower for the second straight day, also marking its third day of a negative move in the previous four, and drops to over one-month low, below the $3,150 level during the Asian session on Thursday. The optimism led by the de-escalation of a potentially damaging trade war between the US and China – the world's two largest economies – turns out to be a key factor that continues to undermine the safe-haven bullion.
