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Gold price en route to weekly loss with Fed eyeing big rate hikes

Staff Writer | April 22, 2022 | 8:56 am Intelligence Markets USA Gold 

Gold continued its decline on Friday, as indications of fast interest rate hikes from the US Federal Reserve drove both Treasury yields and the dollar higher. Spot gold was down 1.0% to $1,932.64 per ounce by 11:45 a.m. ET, en...

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