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Market Impact: 0.25
Gold Holds Loss as Hot Inflation Lifts October Rate-Hike Bets
Source: Bloomberg
InflationMonetary PolicyInterest Rates & YieldsCommodities & Raw Materials
Gold held its decline after a jump in U.S. inflation heightened concerns that the Federal Reserve may need to raise interest rates further to control prices. The article provides no specific inflation, rate, or gold-price figures.
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