Gold Steadies After Weekly Drop as Focus Shifts to Fed Meeting
Gold steadied after its biggest weekly drop since June, with traders weighing stubbornly high energy prices ahead of the Federal Reserve’s upcoming policy meeting.
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Gold steadied after its biggest weekly drop since June, with traders weighing stubbornly high energy prices ahead of the Federal Reserve’s upcoming policy meeting.
US consumer prices rose 3.7% over 12 months in September, above forecasts, while stocks, gold and silver fell and Fed rate hike odds rose. The post US Inflation Hits 3.7% as Gold, Silver Fall appeared first on The Rio Times.
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