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Calmer Trade After The Recent Rally

GOLD

Gold continues to coil in the recently established range, with choppy DXY trade witnessed over the last 24 hours or so (that metric ultimately finished a touch higher on Tuesday), while U.S. real yields are marginally lower over that horizon. Spot last deals a handful of dollars higher, just above $1,780/oz, with nothing fresh to note from a technical perspective.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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