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S5/10Economic
Gold slips as Fed rate-hike expectations buoy dollar
Gold prices dipped on Wednesday, reaching their lowest point since June 11, as a stronger dollar, fueled by anticipated U. S. S.
interest rate hikes, made the precious metal pricier for international buyers. Investors are also weighing mixed signals from U.
-Iran peace talks, adding to market uncertainty. Meanwhile, Dubai's commodities exchange is set to launch a new gold contract to boost liquidity.
Source: Economic TimesOriginal source
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