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Gold Consolidates Above $4,600 as Investors Weigh Fed Rate Path
Source: Bloomberg
InflationMonetary PolicyEnergy Markets & PricesCommodities & Raw MaterialsInterest Rates & Yields
Gold consolidated above $4,600/oz as investors assessed the Fed’s stance on stubborn inflation ahead of Jackson Hole. The market focus is on the implied path for rates/yields, which is likely to drive near-term metal pricing rather than reflect a single new fundamental shock.
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