21 Hrs
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الاقتصادية
Gold rises after Warch's speech on rate hike calm
Gold prices declined by more than 1% due to expectations of a U.S. interest rate hike, despite the metal's rebound following a speech by the Federal Reserve Chair and its rise to around $4,066 per ounce. The speech emphasized targeting price stability and restoring inflation to 2%, amid ongoing market concerns over rising borrowing costs and the impact of economic conditions. Meanwhile, mixed U.S. data indicate the economy is expanding but at a slower pace.
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