Gold Records Worst Weekly Performance in 43 Years

TLDR: Gold dropped 10.5% to $4,490, marking its worst weekly performance since the Federal Reserve’s 1982 rate hike era. A surging US dollar made gold costlier for international buyers, adding pressure on an already declining price trend. CME Group raised margin requirements, forcing leveraged traders to liquidate positions and accelerating the weekly decline. After a [...]

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