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Metals Stocks: Gold prices pull back after hitting 9-month high

Gold prices decline on Wednesday as the yellow metal retreated from a fresh 9-month high. Read More...

Gold futures fell sharply on Wednesday with prices for the yellow metal looking to post their first loss in five sessions a day after settling at their highest level in nine months.

Price action
Market drivers

Losses for gold follow a nearly 6% rise in prices for the metal since the start of 2023. Gold has found support from signs of waning U.S. inflation and expectations for a recession which have allowed the dollar to slide.


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