Gold prices extended losses for a sixth straight session on Wednesday as a stronger U.S. dollar weighed on the metal amid concerns that U.S. interest rates may stay higher for longer. Investors also monitored U.S.-Iran negotiations and falling crude prices, adding to the risk-off tone for commodities.
Gold prices extended losses for a sixth straight session on Wednesday as a stronger U.S. dollar weighed on the metal amid concerns that U.S. interest rates may stay higher for longer. Investors also monitored U.S.-Iran negotiations and falling crude prices, adding to the risk-off tone for commodities.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.45
