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Price of Gold – Fundamental Forecast, March 6, 2017
Gold prices could trade steady-to-higher on Monday, now that Fed Chair Janet Yellen has put her stamp of approval on a Fed hike later this month. The price action on Friday seems to be indicating a “sell the rumor, buy the fact” situation.
April Comex Gold futures closed at $1226.50 on Friday, down $6.40 or -0.52%.
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