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Our weighted U.S. real yield monitor closed at fresh all-time lows on Tuesday, while the DXY struggled for meaningful net direction. This combination allowed gold to threaten a challenge of key technical resistance (3 Sep high at $1,834.0/oz), although a meannginful challenge was not staged, with spot subsequently ticking away from resistance to last trade $1,826/oz, a handful of dollars lower on the day.

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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