GOLD NEWS 05/03/2024 UPDATE BEST TRADING TIPS FOR BEGINNERS BY https://www.youreasytrade.comGET MORE INFO CW/7302366166

Gold prices fall from record highs, but risk aversion limits losses.

Gold prices fell from record highs in Asian trade on Wednesday as traders remained on edge before a closely-watched testimony from Federal Reserve Chair Jerome Powell, although a rout in risk-driven markets pointed to more safe-haven demand. 

The yellow metal shot up to record highs on Tuesday, buoyed by a mix of safe haven demand and persistent expectations that U.S. interest rates will eventually come down in 2024. 

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