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Gold climbs as Fed’s inflation gauge reinforces dovish bets

Gold climbs as Fed’s inflation gauge reinforces dovish bets

Gold price advances during the North American session, up 0.60% on Friday after the last inflation report maintained the status quo, reinforcing dovish bets for further easing by the Federal Reserve (Fed). At the time of writing, the XAU/USD trades at $3,774 after bouncing off daily lows of $3,734…

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Dow Jones Industrial Average rebounds after PCE inflation print keeps rate cut hopes alive

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