Gold Price Retreats as Economic Worries Ease and Bears Eye Further Downside
TL;DR Summary
Gold prices have fallen nearly 2% as market concerns ease and the Federal Reserve maintains current interest rates. The metal's decline comes after a period of record accumulation and a failed attempt to break above the $2,000 per ounce mark. Analysts are now observing a potential correction phase and are curious about gold's performance if it drops to around $1,940.
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