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Gold (XAUUSD) Tumbles Below $4,550 on Fed Tightening Bets and Dollar Strength

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The Story

News Summary

  • Gold fell below $4,550 as stronger US inflation data and geopolitical tensions boosted the dollar and Treasury yields, reducing precious metal appeal amid expectations for sustained Fed rate hikes.
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Stored market data

XAUUSD price history

4408.90 -4.49% over the displayed period

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