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Gold Continues to Decline Amid a Wave of Trade Optimism

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GOLD

الذهب 28-10-2025

Gold is trading above the support level of $3,920, and this area is likely to limit the pace of the decline during today’s trading.

Support

3920 3760
Resistance 4065 4250

Gold prices witnessed a slight decline today in the financial markets, affected by the rise of the U.S. dollar and increased investor appetite for yield bearing assets. Globally, gold fell amid a wave of optimism about the U.S. economy and expectations that interest rates may remain high for longer than anticipated, reducing the appeal of the precious metal as a safe haven. This decline reflects a cautious sentiment in the markets as traders await new signals from central banks regarding the future direction of monetary policy.

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