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Analyst: With gold prices falling, it is necessary to reassess the situation in Venezuela
On Wednesday, gold prices fell as the dollar strengthened and investors reassessed recent developments in the situation between the United States and Venezuela. “The market has been quite chaotic and volatile since the start of the new year. Therefore, some profit-taking and a reassessment of the situation in Venezuela seem necessary,” ” said Jamie Dutta, Chief Market Analyst at Nemo.money. Additionally, there are signs that the U.S. has begun coordinating with the Venezuelan government since Maduro’s arrest.
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