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Forex

Gold Crushed by Hawkish Fed Refrain: Gold Prices Plummet 3.2%

Guavy AI Editorial Team
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USD
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Gold suffered a significant loss, plummeting 3.2% as a result of a hawkish statement from Federal Reserve Governor Michelle W. Bowman.

The move sent shockwaves through the financial markets, causing investors to reassess their portfolios and adjust their strategies accordingly.

FOREX.com notes that CFDs come with a high risk of losing money rapidly due to leverage, warning that 77% of retail investor accounts lose money when trading CFDs with this provider.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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