Hello, it's great to see you all again and have the opportunity to share about the market. Today, on Kitco, the price is listed at $1,918 per ounce, which remains unchanged from earlier this morning.

During yesterday's trading session, there was a fluctuation of 105 points in the US Dollar Index. This took away some of the modest gains that gold had achieved previously.

According to CME's FedWatch tool, there is a 93% probability that the Fed will maintain interest rates at their meeting in September.

The central bank continues to support the market; however, prices may face difficulties in the near future. Therefore, for gold to break out and make significant gains, global growth needs to slow down and bond yields need to decrease.
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Please wait. The potential for price increases is there. good luck
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nice weekend
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“The dollar remains well-positioned to move higher and this will pose a challenge for gold. Gold will have its days when it shines, but not this week.”
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