Gold falls for fourth session
Gold declines for the fourth consecutive session amidst rising oil prices and growing inflation concerns. The price of an ounce dropped to approximately $4,118 in spot transactions and $4,136 in U.S. futures. Investors are awaiting the Federal Reserve's monetary policy meeting, which could determine the pace of interest rate hikes. The decline in gold comes amid increased fears of inflation and the impact of rising oil prices on financial markets.
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