When global central banks were just about to make a U-turn from their jumbo hiking in Q3 2022, the gold finally bottomed out. At that time, USD was weakening against DM and EM currencies, and that helped gold prices to rise in USD terms.
When global central banks were just about to make a U-turn from their jumbo hiking in Q3 2022, the gold finally bottomed out. At that time, USD was weakening against DM and EM currencies, and that helped gold prices to rise in USD terms.
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