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PRECIOUS METALS | Gold Pulls Back Sharply in Q2 as Rate Expectations Shift and Dollar Strengthens

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2026-07-09 03:09:52
Gold saw a sharp pullback in the second quarter of this year, mainly due to a reversal in interest-rate expectations and a stronger U.S. dollar.

According to Jin10, central bank buying, demand linked to de-dollarization, and seasonal factors still left room for a rebound in the second half of the year.
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