It’s been a dreadful week for gold. The yellow metal is down 3 per cent, the most in any week since late March.
A few months or rather days back, the yellow metal did gain support from the ongoing geo political tensions between Russia and the West over Ukraine.
As I have been repeatedly telling, that gold was being pulled by the bullish and bearish factors and it has been moving on a see saw as we get a positive growth report from US on one hand and escalating Ukraine crisis on the other.
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