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News 2026-09-14 01:50 UTC

Gold prices dip as oil-driven inflation concerns weigh

Gold prices edged lower on Monday as a rally in oil prices fuelled inflation concerns and reinforced expectations that the U.S. Federal Reserve could raise interest rates at its policy meeting this week.FUNDAMENTALS* Spot gold TVC:GOLD was down 0.5% at $4,327.80 an ounce by 0119 GMT after posting a…