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Monday, May 31, 2021

Gold eyes best month since July 2020 on softer dollar, inflation woes


Gold eyes best month since July 2020 on softer dollar, inflation woes



Gold prices rose on Monday and were headed for their best monthly jump since July 2020, boosted by a weaker U.S. dollar and lower bond yields, while growing inflationary pressure also lifted demand for the safe-haven metal as a hedge.

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