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September 01, 2020 1:29pm
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Gold Takes a Hit as Rate Hike Looms

With the FOMC rate hike decision looming, gold prices have taken a hit. Gold started the day flat, hovering around $1,863.16 after touching $1,849.90, its lowest since February 16. “The focus of the market is very much attached to the tightening of monetary policies by the main central banks,...
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