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ECONOMICTIMES.INDIATIMES.COM · GLOBAL ·

Gold poised for fourth weekly loss as hawkish Fed bets buoy dollar

As reported by economictimes.indiatimes.com
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Gold is poised to record its fourth consecutive weekly loss, a trend primarily driven by growing expectations of a hawkish stance from the Federal Reserve. These hawkish bets are significantly strengthening the US dollar against other currencies. A stronger dollar makes gold…

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