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Barchart
Barchart
Pathikrit Bose

Can This Underperforming Gold Stock Break Out in 2024?

Gold futures have broken out to a string of new record highs in recent sessions. Gold for February delivery (GCG24) is trading down in today's session, but earlier the contract tagged a new record peak north of $2,100 an ounce, continuing a short-term rally propelled by weakness in the U.S. dollar and expectations for a more accommodative Fed.

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