PRECIOUS-Gold falls as hot inflation figures, higher dollar weigh
PRECIOUS-Gold falls as hot inflation figures, higher dollar weigh Gold fell nearly 3% on Tuesday US
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07:15:10 PM UTC
SquawkNews
By Vedika ThoratGold prices extended the previous session's fall on Wednesday as hotter-than-anticipated US inflation figures and hawkish comments from Federal Reserve policymakers boosted the dollar and raised the chances of a bigger interest rate hike next month.Spot gold TVC:GOLD was down 1.1% a…