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Gold prices aim for first back-to-back gains in 2 weeks

September 29, 2020

Gold prices on Tuesday were headed higher for a second straight session as a pullback in the U.S. dollar extended, providing room for bullion values to climb, commodity experts said.

“The dollar has emerged as the single biggest influence on gold recently…and the fact that the greenback fell from two month highs [Monday] offered gold a tailwind,” analysts at Sevens Report Research wrote in a Tuesday newsletter.

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