Gold Price picks up bids to print four-day uptrend despite posting minor gains of late Commodities XAUUSD
US Independence Day holiday directs traders toward XAU/USD amid recession woes, mixed concerns about Sino-American ties.Gold Price
However, concerns about the global economic slowdown and the US-China ties help the traders to remain active. Also favoring the market momentum was the recent inaction by the Reserve Bank of Australia as defied the broad consensus of announcing a third consecutive 25 basis points rate hike.
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