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Gold Hits $4,400 as BofA Says “Trade Is Long Gold” With Dollar Under Pressure
By Trader Edge at 2026-10-03 01:53
Sentiment: Positive
TLDR Bank of America strategist Michael Hartnett says gold is the best hedge against dollar weakness Gold funds saw $6.3 billion in inflows last week, the biggest since January 2026 Spot gold rose to around $4,394 per ounce, supported by a weaker dollar Fading expectations of a Fed rate hike in September are boosting gold’s [...] The post Gold Hits $4,400 as BofA Says “Trade Is Long Gold” With Dollar Under Pressure appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
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