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Gold: Cautious optimism as recovery gains traction – OCBC

FXStreetUnited States of America

Gold: Cautious optimism as recovery gains traction – OCBC

OCBC strategists Sim Moh Siong and Christopher Wong note that Gold has rebounded following the US midterm elections, supported by a weaker US Dollar (USD), lower Treasury yields and softer Oil prices, reclaiming the $4,000 level.

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