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NEWS: Gold hits a new low. Approaches 61.8% retracement of the April-June rally June 17, 2021 at 04:19PM


Hard-fought gains evaporate
Gold is at a fresh session low, down $37 to $1774.
The drop is an interesting contrast to bonds, which don’t appear to be bothered by the Fed today after yesterday’s slump. US 10-year yields are down 5 bps to 1.52%.

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