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Gold Market Commentary - Offsetting inflation and a stronger dollar kept gold little changed in November

Gold Market Commentary - Offsetting inflation and a stronger dollar kept gold little changed in November

Gold rose 2% in November based on the LBMA reference price, rallying early in the month before giving up most of those gains in the following weeks.1 Gold’s performance came against a backdrop of weaker equities and commodities, lower yields, and US dollar strength. The path of the gold price ...

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World Gold Council

James Spake