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Gold holds near nine-week low as Hormuz tensions raise Fed hike bets
uk.investing.com ·
Gold prices edged higher on Thursday after falling to their lowest level since early August, as renewed tensions around the Strait of Hormuz kept inflation risks elevated and reinforced expectations that the Federal Reserve could raise interest rates again this year. At 21:36 ET (01:36 GMT), XAU/USD rose 0.6% to $4,134.19 an ounce, while Gold Futures gained ...
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