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Gold drops over 1% as hot US inflation data boosts Fed hike bets

📅 2026-10-14 | 📰 Economic Times Markets
#banking-finance #gold #drops #hot

US consumer prices increased in September, contributing to expectations of an interest rate hike by the Federal Reserve. Following this inflation data, gold prices fell over 1% for the third consecutive session. The US dollar index also...

Read more: https://economictimes.indiatimes.com/markets/us-st...