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Long-term gold price remains supported by commodity-led inflation

Source: kitco.com

Commodities & Raw MaterialsMarket Technicals & Flows
Long-term gold price remains supported by commodity-led inflation

Gold is giving back gains after its biggest monthly rise since the start of the year, with prices testing support around $4,350/oz. The pullback suggests near-term downside risk and a cautious setup for the September start.

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mildly negative

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