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Gold price retreats from record as aggressive Fed pivot bets cool off

Staff Writer | December 04, 2023 | 9:42 am Intelligence Markets USA Gold 

Gold prices retreated from a record high on Monday amid signs that the market’s aggressive pricing of US Federal Reserve rate cuts may have gone too far, which analysts believe was unsustainable. Spot gold fell by 2.2% by 12:30 p.m....

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