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@ Layer3.news
2025-05-18 00:51:34
nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqvap2usgr7nawhqexfk247ap0nfs34jqpjrxqqslrkv3rrrx8aesst3mr8r
GOLD SET FOR BIGGEST WEEKLY DROP SINCE NOVEMBER ON PEACE TALKS
https://s.yimg.com/ny/api/res/1.2/xYlpT8.KdtwFEUyQuKracw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/bloomberg_holding_pen_162/ef0ff84bd6769f6ff18e01af388d875a
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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.
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👉 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
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#ChristopherWong #MarkHaefele #YvonneYueLi #Russia #Ukraine #Turkey #US #China #NewYork #business
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