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PRECIOUS METALS | Gold Held Back by Real Rates and Strong Dollar, Analysts See Long-Term Bull Trend

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2026-06-29 10:39:10
Gold has been pressured by higher real interest rates and a stronger U.S. dollar, analysts said.

According to Jin10, analysts described the past five months of weakness as a mid-term correction rather than a reversal, and said the longer-term bull market structure remained intact.

They added that, under ideal conditions, gold could point toward $4,600.
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