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Listen "[PRO Tips] Gold Under Pressure, Long-Term Outlook Strong"
Episode Synopsis
This week, the gold market faced pressure as rising U.S. Treasury yields and a stronger dollar weighed on spot prices, resulting in a slight weekly decline. However, with escalating geopolitical tensions and sustained gold purchases by central banks, the long-term outlook for gold remains optimistic. Analysts note that while the short-term technical trend appears bearish, gold has held key support levels and may see a new wave of gains driven by safe-haven demand and global economic uncertainties.
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