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Gold price subdued by Fed's higher-for-longer interest rate stance

Staff Writer | September 25, 2023 | 9:35 am Markets USA Gold 

Gold prices remain subdued on Monday as the dollar and US Treasury yields firmed on the Federal Reserve’s higher-for-longer stance on interest rates. Spot gold fell 0.4% to $1,916.97 per ounce by 12:10 p.m. EDT, near a two-week low. US...

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