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This happened after the decision of the ECB and in light of the elections held in the UK. The testimony of the former FBI chief before the Senate also failed to lead to the growth of the yellow metal.
The most negative factor for the gold price was the appreciation of the dollar against the rest of the major currencies, as well as the rise in the index to new record highs.
Investors apparently calmed down and returned to risk assets in a world of record low interest rates.
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