United Kingdom CFTC GBP NC Net Positions increased to £-79.4K from previous £-80.4K

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Gold breaks $3,886 floor to new YTD low as Fed hawks press on

Gold (XAU/USD) tanked to a new year-to-date (YTD) low of $3,880 on Friday, clearing the $3,900 threshold for the first time since October of last year. The Greenback and US Treasury yields edged higher, while risk appetite deteriorated and hawkish Fed rhetoric pushed prices lower.
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