Analyst: Gold Prices May Drop to $3,200 in the Short Term
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Jigar Trivedi, Senior Commodity Analyst at Reliance Securities, stated that with progress in trade negotiations, gold prices may continue to decline in the short term as the dollar may appreciate, and with reduced geopolitical risks, the demand for safe-haven assets may also decrease. Therefore, in the short term, gold prices may fall to $3,200 per ounce.
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