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Gold Prices Retreat From Recent Peak

Gold prices retreated following a recent rally as investors locked in profits. Analysts view the lower prices as a short-term correction amid shifting Federal Reserve expectations.

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Gold bangles are displayed inside a jewellery store in the old quarters of Delhi, India, May 11, 2026. REUTERS/Bhawika Chhabra

Gold fell 0.7% to $4,487.93 per ounce on Thursday morning, retreating from a two-month peak after a 4% surge in the previous session.
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