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Gold Futures - Jun 24 (GCM4)

Real-time capital.com
Currency in USD
Disclaimer
2,360.25
+17.75(+0.76%)
Real-time Data

Gold Futures Discussions

Biden Speech: Spending in the first phase to includes a wide range of investments in infrastructure and renewables, federal research and development as well as welfare spending. Second phase for Q2 2021 aid to the poor, for childcare and sick leave.  Together $4 trillion between spending increases and tax incentives.
How does this impact gold
I mean to ask what impact would this have on gold
 As you can see today the USD has fallen. A weaker dollar is generally a good thing for commodities. Gold being the ultimate hedge against currency debasement (inflation) should continue to build on $1678 support. It will probably retest $1700 but right now it's heading back towards $1739 resistance
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