Gold Price Forecast: XAU/USD flat-lined below $2,050, focus on geopolitical tensions

Gold price (XAU/USD) trades on a flat note during the early Asian session on Monday.
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Ex-PBoC official: China’s property downturn may continue for two more years

The People’s Bank of China's (PBoC) former director Sheng Songchen said on Saturday at a forum in Shanghai that the property downturn in China may continue for two more years before gaining stability, per Bloomberg.
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