Gold in decline after biggest one-day drop in two years
Geopolitics and higher-for-longer rates are weakening demand.
Gold extended losses after its biggest daily decline in almost two years, with easing tension in the Middle East and signs the Federal Reserve will keep rates higher for longer crimping demand.
The precious metal fell toward $2,300 an ounce after slumping 2.7% on Monday as concerns the conflict b
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