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2025-05-04 01:01:26

Layer3.news on Nostr: finance.yahoo.com GOLD PULLS BACK AS TRADERS ROTATE INTO DOLLAR AND BONDS -- ✍️ ...


GOLD PULLS BACK AS TRADERS ROTATE INTO DOLLAR AND BONDS

https://media.zenfs.com/en/gold_price_group_184/c69cd146dcec3b081260e434e51d7ad2
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✍️ Gold prices declined this week, despite negative economic news, as investors rotated into the US Dollar and Treasury markets.
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👉 Gold prices declined despite negative economic news
👉 Q1 GDP unexpectedly contracted, but gold prices fell
👉 Mixed April jobs data added confusion, failing to spark a rally in safe-haven assets
👉 Investor rotation into the US Dollar and Treasury markets added further pressure on gold
👉 Gold prices remain at eye-watering highs, historically speaking

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#business
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https://media.zenfs.com/en/gold_price_group_184/c69cd146dcec3b081260e434e51d7ad2

https://finance.yahoo.com/news/gold-pulls-back-traders-rotate-190217377.html

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