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Wall Street doubts gold’s near-term strength, Main Street maintains bullish minority as central banks take center stage

Barchart·10/23/2026 17:30:11
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(Kitco News) – Gold prices suffered another sharp weekly decline as rising oil prices, persistent inflation fears, and expectations for further Federal Reserve tightening overwhelmed safe-haven demand, while Thursday's technology-led equity selloff triggered another wave of liquidations that pushed the precious metal back below $4,000 per ounce.