Today (6 January 2025) the "Hua Seng Heng" website overviews the movements in the past. Last week, the price of gold reached a 3-week high, with gold buying from geopolitical risks and economic uncertainty. But on Friday, the price of gold fell due to pressure from a stronger dollar from expectations that the Fed might delay cutting interest rates, and Trump's policy of supporting an increase in tariffs will support a stronger dollar. The SPDR fund sold 1.44 tons of gold last week.
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