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Gold hit hard by profit taking as Fed Chair Powell stays -by Jim Wyckoff (Kitco News – November 22, 2021)

https://www.kitco.com/ (Kitco News) – Gold and silver futures are sharply down in midday U.S. trading Monday, with gold notching a two-week low. The metals’ prices were under pressure overnight and then selling pressure accelerated when it reported early this morning that President Biden plans to keep Federal Reserve Chairman Jerome Powell for another term. December …

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