Traders no longer fully price in a Fed hike before year-end
Traders no longer fully price in a Fed hike before year-end
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Traders no longer fully price in a Fed hike before year-end
Gold futures climbed 1.4% in early European trading as the dollar eased and oil prices fell. Traders are also reassessing the inflation and interest-rate outlook.
Gold's price movement may be determined by Thursday's inflation report as it balances the effects of a hawkish Fed and progress in US-Iran peace talks