Gold gains on weak dollar, investors ramp up Fed rate cut bets
Gold rose on Wednesday, lifted by a weaker dollar and falling Treasury yields, as mild U.S. inflation data cemented expectations for a Federal Reserve rate cut in September and nudged up bets on additional easing later this year. Spot gold gained 0.3% to $3,355.58 per ounce by 4:58 p.m. ET (2058 GMT). U.S. gold futures […]
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