Gold Set for Weekly Drop as Oil, Inflation Boost Rate-Hike Bets

Gold Set for Weekly Drop as Oil, Inflation Boost Rate-Hike Bets

Gold was on track for a third weekly decline, as surging oil prices and the latest US inflation report bolstered the case for the Federal Reserve to hike interest rates next week.

Gold was on track for a third weekly decline, as surging oil prices and the latest US inflation report bolstered the case for the Federal Reserve to hike interest rates next week.
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Bloomberg — Markets (EN)




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