Gold Rebounds After Sharp Drop Sparked by Wider Market Jitters
Gold rebounds, up 1.5% after a 3.2% drop amid Wall Street’s AI earnings jitters. Selloff possibly amplified by margin calls and algorithmic trading. Liu Shiyao suggests investors sold commodities to cover losses, but impact limited. US inflation data is , shaping Fed expectations. Strong jobs data reduces pressure for rate cuts; lower rates boost metals. […]
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