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Gold Steadies Near $4,000 as Inflation Keeps Rate-Hike Bets Firm
Source: Bloomberg
Commodities & Raw MaterialsInflationInterest Rates & YieldsMonetary Policy
Gold steadied near $4,000 an ounce but was on track for a second consecutive monthly loss. Energy-led inflation has raised the prospects of a US rate increase before year-end, weighing on the outlook for gold.
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