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Market Impact: 0.25
Gold Edges Lower For Second Day As Investors Assess Fed Rate Path
Source: Nasdaq
InflationGeopolitics & WarCommodities & Raw MaterialsEnergy Markets & Prices
Gold fell for a second consecutive session as investors balanced persistent U.S. inflationary pressures against improving diplomatic signals in the Middle East near the Strait of Hormuz. The easing geopolitical risk reduced the immediate hedge bid, while sticky inflation kept rates-sensitive demand for gold under pressure.
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