Funny, I thought it was just a simple case of everyone selling the USD after initially buying it that caused POG/USD to drop then rise?
Who really knows why gold fell using logic. QE should cause GOld rally which it did for many years then it fell and I would guess that all the money printing stimulus didn't have the inflating effect so peopel didn't need to hedge the growth part of the equation.
Past 48hrs we have a few death in Ukraine and skirmishes are slowly developing to more serious conflict.
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