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Market Impact: 0.35

Gold's Worst Week In 40 Years: What This Means For Your Gold Strategy

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & FlowsInvestor Sentiment & Positioning

Gold fell 3.8% to about $4,320.30/oz on Monday, slipping below $4,400 and marking a fourth consecutive weekly decline. The drop erases prior gains and indicates continued bearish positioning in the bullion market.

Analysis

Gold fell 3.8% to about $4,320.30/oz on Monday, slipping below $4,400 and marking a fourth consecutive weekly decline. The drop erases prior gains and indicates continued bearish positioning in the bullion market.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25