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Metals Stocks

Gold prices look to post back-to-back losses and hold below $2,000 an ounce

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Gold futures look to register a second straight session decline on Monday, as prices failed to retake the key $2,000 mark, after a rebound by the U.S. dollar and higher bond yields last week took some steam out of a 2023 rally.

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Gold had rallied in the wake of the March collapse of Silicon Valley Bank, which sparked fears of wider problems in the banking sector. But expectations that the Federal Reserve and other major central banks will continue to hike interest rates in an effort...