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Gold falls as Fed rate expectations weigh

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Gold falls as Fed rate expectations weigh

Gold futures for December delivery on the Comex exchange fell 2.14% by this evening, dropping to $4,300 per ounce.

Axar.az reports that investors increasingly expect the US Federal Reserve to keep interest rates high for an extended period. This is reducing the appeal of gold.

Date
2026.09.01 / 23:14
Author
Axar.az
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