Gold Set for Weekly Drop as Traders Weigh Fed Signals
Spot gold was up 0.1% at $4,175.34 an ounce and down 0.4% for the week, as traders weighed the prospect of further Fed rate hikes after hotter-than-expected US inflation data.
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Spot gold was up 0.1% at $4,175.34 an ounce and down 0.4% for the week, as traders weighed the prospect of further Fed rate hikes after hotter-than-expected US inflation data.