1 Day
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مصراوي
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Thursday spot gold prices
Gold prices fell at the start of trading on Thursday, with spot gold down 0.2% to $3,979.09 an ounce and U.S. gold futures for December delivery falling 0.4% to $3,984.50. The precious metal came under pressure after U.S. inflation data came in higher than expected and comments signaled a more hawkish monetary stance, pushing the dollar close to its highest level in a month. Expectations of a U.S. interest-rate hike in December increased: the FedWatch tool showed traders assigning a 100% probability to a hike, while higher rates raise the cost of holding non-yielding gold.
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