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PRECIOUS-Gold prices buckle under pressure from ‘King Dollar’, higher yields

Posted by: Gold Editor in XAU/USD Gold US Dollar May 16, 2022

May 16 (Reuters) – Gold prices fell more than 1% to their lowest in 3-1/2 months on Monday as elevated bond yields and a firmer U.S. dollar dampened bullion demand, even as riskier assets dropped …
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