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A red open for the physical gold market this morning (Thurs, July 31).
Prices for gold bars at major brands are mostly down. Chow Sang Sang is seeing the sharpest drop, falling by 9 yuan/gram from yesterday's close.
The move comes after the US Federal Reserve's decision to hold interest rates steady, strengthening the dollar and putting pressure on global gold prices.
#Gold #GoldPrice #ChowSangSang #Markets #Fed
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