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@ Yahoo! Finance - by layer3.news
2025-05-18 00:51:34
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✍️ Gold prices are plummeting due to the first direct talks between Russia and Ukraine, as well as progress in trade negotiations between the US and China, leading to a decline in demand for the precious metal.
👉 Russia and Ukraine began their first direct talks in over three years
👉 Progress in trade negotiations between the US and China led to a sharp rebound in risk assets
👉 Gold prices are experiencing their biggest weekly loss in six months
👉 The precious metal has dropped over $300 from its all-time peak set last month
👉 Gold remains an important diversifier for international investors
#ChristopherWong #MarkHaefele #YvonneYueLi #Russia #Ukraine #Turkey #US #China #NewYork #business
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