Gold slips as Fed officials signal higher-for-longer rates
Spot gold was down 0.4% at $4,327.74/oz by 1050 GMT, with US gold futures down 0.4% to $4,364.90, after hawkish Fed signals reinforced higher-for-longer expectations.
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Gold slips as oil gains and Fed officials signal higher rates
Spot gold fell 1.1% to $4,295.62/oz by 0832 GMT as oil ticked up and Fed policymakers’ hawkish signals reinforced “higher for longer” expectations.