Gold stays near 7-week lows at $4,124
Gold prices settled today, Tuesday, at a level close to their lowest in over seven weeks, with the ounce price around $4,124. This comes amid investor concerns about the continued stance of the U.S. Federal Reserve in keeping interest rates high for an extended period, negatively impacting gold prices. Gold prices did not experience significant changes, but remain near their lows, as markets await important U.S. economic data to guide future decisions.
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