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More Upside? Fed’s Dovish Stance Boosts Gold to a Six-Year High

Anuradha Garg
More Upside? Fed’s Dovish Stance Boosts Gold to a Six-Year High

After remaining tepid for the first four months of the year, gold prices have taken off in a big way. The initial impetus was provided by a tweet made by President Donald Trump on May 5, which revived trade tensions in a big way.