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Gold wobbles as sticky inflation drives up US rate hike bets

(Reuters) – Gold prices came off session highs on Friday after an uptick in a key U.S. inflation gauge raised bets that interest rates will be higher for longer-than-expected, with bullion on course for a third weekly loss as debt ceiling talks enter the … Read Full Story at source (may require registration) The post Gold wobbles as sticky inflation drives up US rate hike bets appeared first on ForexTV... Read More
Posted: May 26 2023, 16:29
Author Name: forextv
Views: 111864

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