Gold extends losses, heads toward $4,000 as US Dollar surges to 13-month high

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Gold prices fell for a second straight day on Wednesday, with XAU/USD breaching the 4,100 level and heading toward the year-to-date low of $4,023 and the $4,000 psychological mark. The decline came as the US Dollar Index surged to 13-month highs near 102.00.

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US Dollar surges to 13-month high, pressuring gold prices lower

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