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Gold Bounces to $3,946 Then Slips Below $3,950 as Strong US Factory Data Fuels Fed Hike Bets
Gold staged a sharp rebound from a one-year low on Monday — then gave part of it back on Tuesday as hot factory data reminded traders the Fed is not done yet Gold's round trip this week is a textbook case of two forces pulling the same asset in opposite directions. On Monday, gold rose 1.82% to $3,945.88, its first higher close after three lower ones, rebounding from a one-year low near...
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