Gold gains amid October rate hike expectations
Gold continues to rise amid declining expectations of a U.S. interest rate hikes, even though the market still anticipates a further rate increase by the Federal Reserve. This has impacted the dollar, which also declined. In another development, gold reached its lowest level amid expectations of an American interest rate increase, while the Gaza Strip witnessed new massacres that resulted in the deaths of eight people, including women, due to an Israeli bus attack and sporadic shelling. Additionally, six others were injured or killed in another strike.
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