Gold Gains on Prospects Fed’s Tightening Cycle May Be Over

Gold Gains on Prospects Fed’s Tightening Cycle May Be Over

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0028 GMT — Gold rises on growing prospects that the Fed’s tightening cycle may be over, as indicated by the overnight U.S. economic data that showed inflation continued to cool in October. With seasonality on its side in December, the precious metal could make another move higher to break record…

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