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Gold is ready for a weekly gain

Gold Nears $3000/oz As Central Banks Buy 1,037 Tons

Quick Look: Central banks’ substantial gold purchases have driven a 49% price increase over 20 months. Early 2023 saw ETF outflows, but May brought renewed investor interest with slight increases. Gold (XAU) trades around $2,300, influenced by Federal Reserve policies, USD strength, and Treasury yields. The central bank plans to

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