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Gold Steadies Near $4,000 on Inflation and Rate-Hike Bets

Gold steadied near $4,000 an ounce and was on track for a second monthly loss as energy-led inflation raised the prospects for a US rate increase before year-end.

Original · Bloomberg AI summary of public reporting

Why: Inflation raises rate-hike bets

GOLD

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At publication → Current
GOLD4,018 → 4,003−0.4%
Gold Steadies Near $4,000 on Inflation and Rate-Hike Bets | SignalHub