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Gold prices slumped to $1,910.19 in yesterday’s trading after an initial gain of $40, while U.S. Treasury yields jumped to 0.745% in the wake of the changes made by the FED to its framework for monetary policy.   The FED Chair Jerome Powell proposed a new strategy to shoot the 2% inflation objective with the duration of low rate and the level of inflation both in uncertainty.   Investors believe that gold purchases for inflation hedge will not be strong enough if the FED is devoid of a strategy other than keeping interest rates low because such policy changes are too little to change anything now.