Gold drops as higher US inflation bolsters dollar with rate hike looming ...Middle East

Spot gold prices dropped more than 1% after higher-than-expected U.S. inflation data, and were trading 1.6% lower at $1,697.30 per ounce by 9:10 a.m. ET (1310 GMT).

Hence then, the article about gold drops as higher us inflation bolsters dollar with rate hike looming was published today ( Tuesday 13/09/2022 - 05:24 PM ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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