Today (12 Nov 2024), the "Hua Seng Heng" website analyzed that the price of gold has continued to fall sharply, with the price of gold falling below 2,600 dollars, pressured by the dollar continuing to strengthen at its highest level in more than 4 months, due to the policies of Mr. Donald Trump supporting the value of the dollar and the tendency for inflation to rise, which may cause the Fed to delay cutting interest rates in 2025.
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