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News 2026-10-14 12:57 UTC

Gold Slides Below $4,100 on Hotter US Inflation

Gold prices fell below $4,100 an ounce on Wednesday, hitting their lowest level since early August, as a stronger-than-expected US inflation report prompted markets to reassess the Federal Reserve’s rate outlook. US inflation rose to 3.7% year-on-year in September, above forecasts of 3.6%, driven by higher energy price