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Why Gold Has Fallen in a Geopolitically Tense World
The yellow metal has been felled by everything from the normalization of a Trumpian foreign policy and cryptocurrencies to a strengthening dollar.
By
Myra P. Saefong
May 25, 2018 1:33 p.m. ET
The recent drop in gold prices to their lowest level of the year may have come as a surprise for some, especially given that geopolitical risks have intensified since the start of the year, but the yellow metal still lacks a good reason to break free from the tight trading range it’s held for months.