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الاقتصادية
Gold at $4,140 Amid Dollar and Yields Pressure
The gold market has halted at a level near $4,140 per ounce, as traders assess the impact of the strong dollar and rising Treasury yields on the Federal Reserve's outlook regarding interest rate hikes. Despite inflation indicators showing increased cost pressures in the American services sector, Federal officials are reducing the likelihood of an immediate rate increase, awaiting the release of the September meeting minutes, during which the central bank raised interest rates for the first time in three years. The strength of the dollar and expectations of higher yields continue to exert pressure on gold, while silver and platinum prices steadied, and palladium experienced a slight rise.
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