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Gold soars 2% as Fed rate hike slowdown prospects hurt dollar

Gold prices jumped 2% on Thursday to climb above the key $1,800 per ounce pivot, as the dollar weakened on prospects of slower rate hikes from the Federal Reserve and signs of cooling U.S. inflation. Read Full Story at source (may require registration) The post Gold soars 2% as Fed rate hike slowdown prospects hurt dollar appeared first on ForexTV... Read More
Posted: Dec 1 2022, 20:44
Author Name: forextv
Views: 111466

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