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Gold (XAUUSD) Pressured as Fed Rate Hike Bets Mount on Hot PPI Data

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Gold consolidates in Asian trade as Fed rate hike expectations weigh on the precious metal.
  • Market prices in 15 basis points of increases by year-end and 25 basis points by March 2027.
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Stored market data

XAUUSD price history

4332.20 -9.10% over the displayed period

Advisor Snapshot

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Market analysis for educational use. Trading involves risk. AI sentiment is not financial advice.

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