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Gold falls to near $4,000 on US PCE reinforcing Dec Fed hike

Gold price (XAU/USD) falls to around $4,015 in early Asian trading after US inflation data reinforced expectations of a Federal Reserve interest rate hike later this year.

Original · FXStreet AI summary of public reporting

Why: US PCE reinforces Dec Fed hike odds

GOLD

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At publication → Current
GOLD4,015 → 4,003−0.3%
Gold falls to near $4,000 on US PCE reinforcing Dec Fed hike | SignalHub