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Monday, December 23, 2024

Gold (XAUUSD) Holds Advance Before US Data That May Shape Fed Rate Move


Gold rose for a third day as traders shifted their focus to key US inflation reports due this week that may shape expectations ahead of the Federal Reserve’s final interest-rate decision of the year.

The three-day advance helped bullion break its recent tight range after declining in November following Donald Trump’s decisive election win, which boosted the US dollar.



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