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Gold price rebounds 1%, driven by Moody's US credit downgrade

Staff Writer | May 19, 2025 | 8:13 am Markets USA Gold 

Gold returned to green on Monday following Moody's downgrade of US government’s credit rating last week, which sent the dollar down and elevated the safe-haven metal's appeal. Spot gold rebounded by 1% to $3,233.27 an ounce by 10:50 a.m. ET,...

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