Gold prices near seven-month lows
Gold prices declined near their lowest level in over seven months, falling due to a strong dollar and expectations of an American interest rate hike. The price of an ounce reached $3,985.89 in spot transactions, marking a 0.4% loss. Additionally, Deutsche Bank lowered its gold price forecasts by 20%, now expecting approximately $4,300 per ounce in the third quarter of the year.
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