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Gold Prices Fell

Axiance | 2022-03-28 16:36

Abstract:In global markets, gold was slightly lower at $1,917 per ounce, after touching its lowest since March 1 at $1,906 on Tuesday.

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In global markets, gold was slightly lower at $1,917 per ounce, after touching its lowest since March 1 at $1,906 on Tuesday. Tonight, the US central bank is expected to announce its first interest rate hike in three years to tackle soaring inflation. The prices dropped this morning during the Asian hours.The safe-haven assets such as the precious metals gained some support as fighting in Ukraine shows no sign of abating.Now, gold trades at $1925.78, which is an advance of $4.93 or 0.26% from the previous close of 1920.85. The daily trading range is from $1918.12 to 1928.84, while the trading volume is 44.69K.Kiev rejected Russian calls to surrender the city of Mariupol, and there seems to be no end of the war of the very near run.

Two Fed officials called the central to follow o a more aggressive approach against inflation figures. Fed Chairman Jerome Powell and Atlanta Fed President Raphael Bostic are due to report later today. In the meantime, palladium added 2.8% to $2,561.25 per ounce. Silver added 0.4% and platinum rallied 0.8%.

Higher US Treasury yields also put pressure on the yellow metal. Gold is highly sensitive to rising US interest rates, and consequently higher yields on benchmark US 10-year Treasury notes which increase the opportunity cost of holding non-yielding bullion.

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GLOBAL GOLD & CURRENCY CORPORATION Legitimacy Check

When traders ask, "Is GLOBAL GOLD & CURRENCY CORPORATION Legit?" They want a clear answer about whether their capital will be safe. After looking into this company carefully, the answer is clear: GLOBAL GOLD & CURRENCY CORPORATION (GGCC) is an extremely risky broker that shows many signs of being unsafe and illegitimate. The company operates without proper regulation, has been officially warned by financial authorities, and has received many serious complaints from users. Read on!

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GLOBAL GOLD & CURRENCY CORPORATION Regulation: A Complete Guide to Its Unregulated Status and Risks

When choosing a forex broker, the most important thing to check is whether it has proper regulation. This article answers a key question: Is GLOBAL GOLD & CURRENCY CORPORATION (GGCC) regulated? After looking at detailed data and public records, the answer is clear: GGCC operates without a valid financial services license from any trusted authority. This broker is registered in Saint Lucia and shows warning signs that should make any potential investor very careful. Checking a broker's license isn't just paperwork - it's the most important step to protect your capital from unnecessary risks.

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Headway Scam Alert: Saudi Arabia & Iraq Traders Defrauded

Headway defrauded Saudi & Iraq traders: fake excuses, profit thefts, bonus vanishes, and slippage. Read scam exposure & protect your funds now!

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GLOBAL GOLD & CURRENCY CORPORATION Review (2026): Serious User Problems and Warnings

Before investing in the GLOBAL GOLD & CURRENCY CORPORATION (GGCC) platform, you need to know about the serious risks. This is not a safe broker for anyone who wants to protect their capital. All the evidence shows this is a very risky company with no proper oversight and many user complaints. This warning is your most important protection. Read on as we share more details.

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