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REUTERS · GLOBAL ·

Gold slips over 2% as dollar holds firm on Fed rate-hike expectations - Reuters

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Gold slips over 2% as dollar holds firm on Fed rate-hike expectations Reuters
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Gold prices experienced a significant drop of over 2% recently. This decline is primarily attributed to a strengthening US dollar, which has gained momentum on expectations of upcoming interest rate hikes by the Federal Reserve. The firm dollar makes gold, a dollar-denominated…

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