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Gold falls near $3,900 amid rising US yields and Fed hawkish bets

FXStreetUnited States of America

Gold falls near $3,900 amid rising US yields and Fed hawkish bets

Gold price (XAU/USD) falls on Tuesday as geopolitical tensions remain high in the Middle East, with Oil prices trimming their earlier losses, boosting the US Dollar's haven appeal due to their positive correlation. At the time of writing, XAU/USD trades at $3,926, down 0.45%.

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