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Gold prices pull back from $2,000 mark as dollar’s skid abates

August 19, 2020

Gold prices fell on Wednesday as the U.S. dollar halted its skid and as commodity investors watch for minutes from the Federal Reserve’s July policy meeting, which could provide further insights on the central banker’s outlook for the U.S. and global business.

Market participants will also watch for any announcements on new measures the central bank may employ to alleviate economic harm caused by the pandemic.

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