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XAU/USD: gold price will grow due to weakening in the USD

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Forex analytics: Current trend
At the end of this month gold price went down reaching the level of $1180.15 per ounce amid the rise in the USD. The demand for the USD has grown due to the favourable statistics and expectations that the US Fed would raise interest rate and introduce monetary policy tightening in the near future.
Today, the pair XAU/USD has regained positions in advance of the release of the US …



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