#XAU/USD#The price of gold nearing $2,900 indicates a strong demand for the precious metal, typically as a safe-haven asset in times of uncertainty. However, the mention of a delay in car imports suggests a temporary disruption in broader economic factors that might have momentarily impacted gold’s rise.
Such disruptions could weaken investor sentiment in the short term, as they may signal a slowdown or issues in global trade. Yet, gold’s price remains elevated, possibly due to persistent infl
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