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Monday, July 1, 2019
Gold rises on global growth worries, US-EU trade row
Lower interest rates decrease the opportunity cost of holding non-yielding bullion and weigh on the dollar, making gold cheaper for investors holding other currencies.
from Moneycontrol Business News https://ift.tt/2XLDQY8
Lower interest rates decrease the opportunity cost of holding non-yielding bullion and weigh on the dollar, making gold cheaper for investors holding other currencies.
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