Gold's growth potential rises
According to the latest data, China is increasing its gold reserves for the first time in three years.
According to the latest data, China is increasing its gold reserves for the first time in three years. Gold prices are near their 200-day simple moving average. Today, the US Producer Price Index will be released. The figure is expected to fall, which could be grounds for the dollar weakening and XAU/USD rising, especially given that inflation remains high around the world.
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