The gold price forecast at $1,925.88 is expected to be hindered by an increase in yields caused by a rating downgrade, according to Commerzbank.

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On Friday, Gold even dipped for a time to a 3 1⁄2-week low of $1,925 despite US rating downgrade. Economists at Commerzbank compare this situation with the way Gold reacted to the first US rating downgrade around twelve years ago.

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