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Thursday, 4 August 2022

Gold Prices Rise on Softer US Dollar, but Fed Rate Hike Bets and Inflation Bets Pose Risks to XAU

A risk-on APAC trading session is weighing on the USD, allowing gold prices to rise. A brightening economic outlook may soon illicit stronger FOMC rate hike bets, potentially threatening XAU. Via DailyFX - Market News https://ift.tt/zQIcyoG

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