39 Mins
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الاقتصادية
Source: الاقتصادية
39 Minsالاقتصادية
Source: الاقتصادية
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Spot gold rose 0.3% to $4,043.62 an ounce on Wednesday, after falling nearly 3% in the previous session, while U.S. futures gained 0.5% to $4,051.10. But the recovery remained limited after October data showed U.S. inflation rising 0.4%, above expectations of 0.3%, pushing the odds of a December interest-rate hike to 100%, up from 84%. The prospect of higher rates weighs on gold because it offers no yield, while making bonds and other yield-bearing assets more attractive.
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