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AU
25.3
0.44%
15 days ago
Gold Stocks, Including AU, Face Significant Decline
⏺ The recent drop in gold prices is a direct result of profit-taking, which is common after a rally.
⏺ For AU, this decline could lead to further selling pressure as investors reassess their positions.
⏺ The strengthening US dollar typically inversely affects gold prices, making gold less attractive.
⏺ Trump's trade policies are creating uncertainty, which can lead to increased volatility in gold stocks.
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