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XAU/USD. Analysis and Forecast
At the start of the new
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At the start of the new week, gold is once again breaking above the psychological level of 5,000. Data released by the People's Bank of China (PBoC) on Saturday show that the central bank continued to buy gold for the 15th consecutive month in January, reflecting resilient demand amid rising fiscal risks in the world's leading economies. China's gold reserves increased by 40,000 troy ounces to 74.19 million, while their dollar value rose to USD 369.58 billion.According to the CME
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