Gold Price Plunges 3% as Fed’s Repo Operation Ignites Dollar-Shortage Fears

Gold Price Plunges 3% as Fed’s Repo Operation Ignites Dollar-Shortage Fears

The price of gold was under pressure Friday, extending a weeklong slump that saw the U.S. dollar rise to multi-year highs against a basket of currencies. Gold Tumbles; Silver Follows Futures on December gold delivery reached a session low of $1,493.30, puttin…
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