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Gold Price Outlook: Gold Prices Achieve Modest Gains, Stocks Slide

September 20, 2021

Via: DailyFX

Gold and Silver prices have edged marginally higher as mounting concerns over global debt, inflation and Evergrande continued to spread through global markets.

The rising volatility combined with a shift in risk-sentiment, boosted demand for safe-haven Gold, weighing heavily of the equity market.

With this week’s economic calendar loaded with major risk events, Gold prices achieved modest gains relative to the fall in equities as consumers continue to look for signs of tapering from the FOMC, who is expected to address current economic issues at their rate decision on Wednesday.

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