Gold price gains ground near the all-time high amid geopolitical risks, Fed rate cut bets

The Gold price (XAU/USD) gains traction above $2,500 per troy ounce on Wednesday, bolstered by the escalating geopolitical tensions in the Middle East.
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Japanese Yen loses ground, downside seems limited due to hawkish BoJ

The Japanese Yen (JPY) fell slightly against the US Dollar (USD) on Wednesday.
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