Gold Prices Drop as Investors Lower Hopes for US Rate Cut
Gold markets have recently weakened, driven by fading expectations of U.S. interest rate cuts. The gold price has declined as investors reassess their bets in light of strong economic data, hawkish comments from Federal Reserve officials, and a firming U.S. dollar. This pullback is reshaping market dynamics and raising important questions for both safe-haven and long-term investors.
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