Gold Edges Higher; Volatility May Persist This Week
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Gold prices have edged higher in early Asian trade, but volatility is expected to persist due to a lack of strong driving forces amid the holidays, according to Nanhua Futures.
December 26, 2024 | 1:00 am
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AAAU, a gold-backed ETF, may experience price fluctuations as gold prices edge higher but remain volatile due to a lack of strong market drivers amid the holidays.
AAAU is directly linked to gold prices, which have edged higher. However, the lack of strong market drivers amid the holidays suggests potential volatility, impacting AAAU's short-term price movements.
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RELEVANCE 50