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Gold price scales $1,850 as dollar eases following Fed rate hike

Staff Writer | June 16, 2022 | 10:13 am Intelligence Markets USA Gold 

Gold inched higher on Thursday as an easing dollar helped to offset pressure from the large interest rate hike by the US Federal Reserve earlier. Spot gold was up 0.9% to $1,850.89 per ounce by 1 p.m. ET, reaching the...

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