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Gold Prices May Suffer Deeper Losses as Fed Rate Hike Bets Swell

Lion Asset Management Forex Outlook Gold Prices May Suffer Deeper Losses as Fed Rate Hike Bets Swell

Forex Outlook

Gold Prices May Suffer Deeper Losses as Fed Rate Hike Bets Swell

Posted By Ilya Spivak

Gold prices may drop further after touching a five-month low as US retail sales data and hawkish Fed commentary boost bets on a steep rate hike cycle.

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