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Gold slides as traders foresee slower pace of Fed rate cuts (NYSEARCA:GDX)

Gold bar, ingots and coins on financial report. Growth of gold on stock market concept.

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Gold prices on Tuesday declined as the U.S. dollar strengthened and Treasury yields rose. Investors are waiting for guidance from the Federal Reserve after its final policy meeting of the year. Gradual rate cuts increasingly are expected in 2025.

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