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Market Impact: 0.32
Gold Tilts Lower as Iran Impasse Continues to Fan Rate-Hike Bets
Source: Bloomberg
Commodities & Raw MaterialsEnergy Markets & PricesInflationMonetary PolicyInterest Rates & Yields
Gold was poised to finish the week lower as elevated energy prices reinforced inflation concerns. Markets increasingly expect the Federal Reserve to raise interest rates further, a hawkish outlook that pressures non-yielding gold assets.
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Overall Sentiment
mildly negative
Sentiment Score
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