Gold is declining, the US Dollar is falling
The most active futures contract for gold on New York's Comex, which is for December, closed down by $6.70, equivalent to a 0.4% decrease, settling at $1,834.80 per ounce. The key gold futures contract saw a 3.1% decline last week, marking its most significant weekly drop since the end of January. For this week, December gold has already declined by 2.6%.
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