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Market Impact: 0.25
Gold sees profit taking even as US consumer confidence drops 89.4
Source: kitco.com
Commodities & Raw MaterialsEconomic DataConsumer Demand & Retail
Gold is seeing modest selling pressure alongside weaker U.S. consumer confidence, which has fallen to its lowest level since the start of the year. The combination suggests a cautious risk posture that could continue to weigh on gold demand in the near term.
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mildly negative
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