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Gold Slides Below $4,400 as Fed Rate-Hike Bets Surge

Gold slipped below $4,400 an ounce as strong US jobs data boosted Federal Reserve rate-hike expectations to 60%. Rising Treasury yields, elevated oil prices from Middle East geopolitical tensions, an…

Gold Slumps to Multi-Week Low as Rate-Hike Bets Surge

Gold prices dropped to three-week lows as rising energy costs sparked inflation fears and boosted expectations for a Federal Reserve rate hike to 70%. Higher yields continue to pressure non-yielding …