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Central Bank Selling Isn’t Fazing Gold as Futures Rise in July

Gold futures in July notched their highest gain in four months. Investor optimism surrounding fewer rate hikes by central banks and the prospect of a weaker U.S. dollar pushed the precious metal higher. Higher futures prices came despite central banks around the world unloading their gold reserves, according to Bloomberg. Gold prices for the year [...] The post Central Bank Selling Isn’t Fazing Gold as Futures Rise in July appeared first on ETF Trends .
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