Gold sees profit taking even as US consumer confidence drops 89.4 - KITCO
Source: KITCO
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DW NOTE
The Conference Board reading fell to 89.4 — the lowest since June 2022 — while gold sold off from $4,703. Traders are taking profits in the one asset that's actually up 39% over twelve months, while US consumer sentiment collapses and the Strait of Hormuz enters day 133 of blockade. Risk-on logic in a risk-off world.
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