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Gold slides below $4000 on hawkish Fed bets

Gold attracts follow-through selling for the second straight day and slides below the $4000 mark during Asian trading amid hawkish US Federal Reserve expectations that offset falling bond yields and a weak USD.

Original · FXStreet AI summary of public reporting

Why: Hawkish Fed rate hike bets → gold selling

GOLD

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At publication → Current
GOLD3,993 → 3,992−0.0%
Gold slides below $4000 on hawkish Fed bets | SignalHub