Gold falls to multi-month low amid rate hike odds
Economic experts expect the gold price to temporarily decline as investors await the Federal Reserve's decision on interest rate hikes. Meanwhile, the dollar remains under pressure despite expectations of a rate increase. Additionally, the Israeli shekel has weakened due to Israel's interest rate cut, amid a growing interest rate gap between Israel and the United States. At the same time, an Israeli special forces officer was killed, and violent clashes continued in the Gaza Strip, where buildings were targeted, evacuations were carried out due to shelling and gunfire.
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