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Gold retreats from $4,600 as geopolitical risks and hawkish Fed outlook underpin USD

Gold retreats from $4,600 as geopolitical risks and hawkish Fed outlook underpin USD

AI Briefing

  • Gold retreats from $4,600 as geopolitical risks and hawkish Fed outlook underpin USD
  • Geopolitical tensions in Ukraine and the US-China trade tensions continue to weigh on the metal
  • Investors shift focus to the Fed's interest rate hike decision, which could impact gold prices
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