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Gold price falls 1% as chances of larger Fed rate cut dwindle

Staff Writer | August 14, 2024 | 10:14 am Markets USA Gold 

Gold prices fell over 1% on Wednesday after data showed US consumer prices rebounded as expected in July, pouring cold water on expectations of a sizeable Federal Reserve rate cut next month. Spot gold fell about 1% to $2,443.41 per...

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