Gold set to record worst week in three months on robust dollar

By X-blogger - on March 3, 2025

Gold prices fell over 1% to end the week as the dollar held close to two-week highs after U.S. inflation data came in line with expectations, suggesting the Federal Reserve may adopt a cautious stance on additional rate cuts.

The Gold dropped 0.6% against the Dollar in the last session. The MACD is giving a negative signal.
Support: 2779.6 | Resistance: 2937.7

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