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Gold bullion fell back Wednesday, testing what technical analysts called 'support' at $1780 ahead of Thanksgiving despite strong inflows of investment money into the giant GLD gold-backed ETF
Gold prices fell again Tuesday, extending yesterday's plunge on news that Lael Brainard will become vice-chair to Jerome Powell at the Federal Reserve and reaching 3-week lows beneath $1785 per ounce as the pair vowed to bring down inflation from 3-decade highs
Powell, a Republican, was nominated by former President Trump in 2017.
Powell, a Republican, was nominated by former President Trump in 2017.