Gold Holds Loss Near $4,000 on Hot US Inflation, Fed Remarks
Gold maintained losses after a high US inflation print and hawkish remarks from Federal Reserve officials reinforced bets for an interest rate hike in December.
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Markets
Gold Holds Loss Near $4,000 on Hot US Inflation, Fed Remarks
Gold maintained losses after a high US inflation print and hawkish remarks from Federal Reserve officials reinforced bets for an interest rate hike in December.
Borrowing & demand
Changes in rates or inflation can affect borrowing costs, household spending and company margins.
What to watch next
Compare the release with prior data and the central bank’s published decision.
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