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Market Impact: 0.2
Gold Slides As Concerns Of Tighter Monetary Policy Outweigh Safe-Haven Status
Source: Nasdaq
Interest Rates & YieldsMonetary PolicyCommodities & Raw Materials
Gold prices moved lower on Thursday, extending losses from the prior session, despite the U.S. Federal Reserve holding rates on Wednesday. Traders were pricing in roughly an 80% probability of a rate hike in December.
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Overall Sentiment
mildly negative
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-0.15
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