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Market Impact: 0.55
Gold Steadies Below $4,300 as Markets Await Fed Rate Decision
Source: Bloomberg
Commodities & Raw MaterialsEnergy Markets & PricesInflationMonetary PolicyInterest Rates & Yields
Gold held steady as elevated oil prices reinforced inflation concerns ahead of the Federal Reserve’s policy decision. Markets viewed an interest-rate hike as nearly certain, creating a potentially significant near-term catalyst for bullion, Treasury yields and the dollar.
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