Gold crashes below $4100 on hot US CPI
Gold (XAU/USD) fell nearly 2% after US inflation data came in hotter than expected, reviving bets of a Federal Reserve rate hike at the October meeting. XAU/USD traded at $4078 after peaking near $4170.
Original · FXStreet AI summary of public reporting
Why: Hotter-than-expected US CPI revives Oct Fed hike bets
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At publication → CurrentGOLD4,087 → 4,096+0.2%