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Gold Breaks Out to 7-Week High as ETF Flows Reverse Sharply

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Gold surged nearly 7% weekly, breaking its downtrend and reclaiming the 50-day MA after a historic ETF outflow reversal.
  • Central bank demand stays strong, and short-positioned CTAs could fuel further gains if $4,000 holds.
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XAUUSD price history

4331.30 -9.12% over the displayed period

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