Gold trades in red near $1,650 despite broad-based USD weakness

After gaining more than $60 on Monday, the troy ounce of the precious metal struggled to continue to gain value on Tuesday. As of writing, the XAU/USD
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US: IBD/TIPP Economic Optimism Index drops to 47.8 in April from 53.9

The IBD/TIPP Economic Optimism Index in the US declined by 6.2 points in April to 47.8 from 53.9 in March. "The six-month economic outlook index, whic
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