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GOLD REBOUNDS AS RATE HIKE BETS EASE Gold climbed back above $4,000 an ounce as a weaker U.S. dollar and lower Treasury yields supported pr…

GOLD REBOUNDS AS RATE HIKE BETS EASE Gold climbed back above $4,000 an ounce as a weaker U.S. dollar and lower Treasury yields supported prices after U.S. inflation data met expectations. Falling oil prices also eased inflation concerns, prompting traders to scale back bets on further Fed rate hikes. Despite the rebound, gold remains about 5% lower this year.
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