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via thehindubusinessline.comMarkets

Gold retreats on stronger dollar; traders brace for Fed

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

Spot gold dropped ‌0.5% to $3,995.89 per ounce by 0929 GMT and US gold futures for December delivery fell 0.71% to $4,009.60 per ounce

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA stronger dollar weighs on gold while traders await Federal Reserve signals.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Spot gold fell 0.5% to $3,995.89 per ounce by 09:29 GMT.
  2. 02US gold futures for December delivery fell 0.71% to $4,009.60 per ounce.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
GoldCOMMODITY:GOLDCommodity4,023.90 USD+0.38%today -0.36%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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