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Gold Is Down 10% in Six Months: Morgan Stanley Says 3 Forces Could Support a Comeback.

Gold
International Business Times Fews App News Provider
Fews App Post Time Hace 5h

Gold prices have come under pressure as rising Treasury yields and renewed expectations for Federal Reserve interest rate hikes make non-yielding assets less attractive. Photo by Zlaťáky. cz Gold's recent retreat has taken some shine off one of the market's most closely watched safe-haven assets, but Morgan Stanley says the longer-term case for owning the precious metal remains intact.

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