3 Hrs
Source:
الاقتصادية
Source: الاقتصادية
3 Hrsالاقتصادية
Source: الاقتصادية
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Gold fell about 3% in Tuesday’s trading, with spot prices dropping 2.7% to $4,028.39 an ounce after data showed U.S. inflation rose 0.4% in October, exceeding forecasts of 0.3%. The data strengthened expectations of tighter monetary policy: markets fully priced in a 25-basis-point rate hike, while the probability of a 50-basis-point increase rose to 10% from zero. A stronger dollar and rising Treasury yields added to the pressure on gold, although it remained above $4,000 an ounce.
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