Gold Breaks Below 50-Day Average

25.07.25

On Friday, spot gold extended its pullback—testing the $3,341.10 mark, which represents its 50-day moving average—after breaking below the short-term pivot of $3,347.97. Strength in the U.S. dollar and higher Treasury yields, coupled with renewed confidence in risk assets, prompted investors to trim their bullion positions. Technical indicators now point…

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