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Gold Slips Below $4,400 as Traders Await US PPI Data

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The Story

News Summary

  • Gold fell below $4,400/oz after hitting a ten-week high, as investors await US PPI data.
  • Cooling CPI reduced Fed rate hike odds, while elevated oil prices from Iran tensions add pressure on gold.
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4321.80 -5.81% over the displayed period

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