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Gold flat as focus turns to Fed minutes

Gold prices remained steady as market participants look forward to insights from the Federal Reserve's upcoming meeting minutes. Spot gold hovered at $4,159.62 per ounce, while December futures were valued at $4,187.30. Amid ongoing inflation and recent sluggish economic indicators, Fed discussions around interest rate hikes are influencing investor sentiment, with many opting for yield-generating assets over gold.

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Economic TimesLean R·3h ago
Gold flat as focus turns to Fed minutes
Gold prices remained steady as market participants look forward to insights from the Federal Reserve's upcoming meeting minutes. Spot gold hovered at $4,159.62 per ounce, while December futures were valued at $4,187.30. Amid ongoing inflation and recent sluggish economic indicators, Fed discussions around interest rate hikes are influencing investor sentiment, with many opting for yield-generating assets over gold.
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Gold flat as focus turns to Fed minutes

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Gold flat as focus turns to Fed minutes

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