Gold Slips as Oil-Driven Inflation Fears Mount Ahead of Fed Meeting
Published 2 d ago5 sourcesEvidence: Reported
Gold declined 0.1% to $4,121.27/oz, marking a fourth consecutive session of losses. The move reflects continued headwinds from high interest rates, which diminish gold's appeal as a non-yielding asset. The sustained decline suggests persistent market pricing of elevated rates, though the modest daily drop indicates limited momentum.
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