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Gold in Uphill Cycle, Silver Under Pressure: the New Diagnosis of Ubs
Summary by Bloomberg Linea
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1 Articles
Gold recorded an intraday drop of more than 10% on Friday, following President Donald Trump’s announcement of Kevin Warsh’s nomination as the new holder of the Federal Reserve. The decline represented the biggest daily fall since 1983, although on Tuesday’s day the price showed a significant recovery. See more: JPMorgan believes that gold will exceed US$6,000, but sees a risk of correction for silver.In that context of high volatility, UBS argue…
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