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The inflation debate is back in the headlines, but gold is trading down nearly 1% on Friday. Analysts are keeping a close eye on the U.S. dollar and the bond market for clues as to where gold might head next.
Here’s a look at Kitco’s top three stories of the week:
3. Hot inflation and better-than-expected retail numbers:
2. Federal Reserve Chair Jerome Powell testifies before Congress:
1. Firmer USD weighs on gold, but the dollar is ‘doomed’ long-term, says DoubleLine Capital CEO Jeffrey Gundlach:
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