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  • 1213 XAUUSD :Gold prices fall from highs on strong inflation

1213 XAUUSD :Gold prices fall from highs on strong inflation

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The manufacturing PMI has declined for 13 consecutive months and fallen below the 50 threshold, which was last seen in 2008 during the subprime mortgage crisis. The probability of a U.S. recession is high, which will be a booster for gold to surge.
Pèrez

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