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Analyst: Gold prices may fall to $3,200 in the short term.

Breakings ·  May 12 17:42

Giger Trivedi, senior CSI Commodity Equity Index Analyst at Reliance Securities, stated that with progress in trade negotiations, gold prices may continue to decline in the short term, as the dollar may appreciate, and demand for safe-haven assets may decrease due to reduced geopolitical risks. Therefore, gold prices may fall to $3,200 per ounce in the short term.

The translation is provided by third-party software.


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