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Gold: Palladium 5-year low, 'Hawkish Pause' sends yields higher
1 year ago
28
A tough week for bullion as Fed chair sends out hawkish comments regarding tighter monetary policy. Palladium investors took a bath on forecasts of 300,000 oz surplus for 2024. Gold is holding up better than other precious metals over the week but is still seen lower against nearly every fiat currency this week
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