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Market Impact: 0.42
Gold Holds Gain as Lower Oil and Fed Hike Temper Inflation Fears
Source: Bloomberg
Commodities & Raw MaterialsMonetary PolicyInterest Rates & YieldsInflationEnergy Markets & Prices
Gold held onto gains after a volatile week as the Federal Reserve delivered its first interest-rate hike since 2023. Lower oil prices also eased inflation concerns, providing a supportive backdrop for bullion, though the rate increase and market volatility limit the positive signal.
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