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Posted by
Two Blokes Jul 8 -
Filed in
Forex
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15 views
Gold price (XAU/USD) struggles to capitalize on the previous day's goodish rebound from a one-week low – levels just below the $3,300 mark – and trades with a mild negative bias during the Asian session on Tuesday. Expectations that US President Donald Trump's tariffs would underpin US inflation in the coming months and force the Federal Reserve (Fed) to keep interest rates steady act as a headwind for the non-yielding yellow metal.
