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Gold Tumbles as Traders Turn Attention to the Fed's Next Move

By Yahoo! Finance   |   Nov 24, 2024 at 11:38 PM EST
Gold Tumbles as Traders Turn Attention to the Fed's Next Move

Gold prices fell nearly 2% to below $2,700 an ounce despite a weaker US dollar. Investors await the Federal Reserve's interest rate decision. The metal is still up over 25% this year, supported by central bank purchases and geopolitical tensions.

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