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Gold slips but logs first weekly win after four straight losses

Por: MarketWatch Business August 25, 2023

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Price action Market drivers Powell delivered his keynote address at Jackson Hole on Friday. Instead of bringing the pain for markets as he did last year, he was much more measured, reiterating promises to keep a careful eye on the economic data while leaving the door open to more interest-rate hikes. See: However, the rise in Treasury yields and the dollar helped renew pressure on the yellow metal Friday after a brief reprieve earlier in the... + full article



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