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Gold slides as Fed rate hike bets boost dollar and Treasury yields
Strong US PMI data reinforces Fed tightening bets, pressuring gold further
5 Sep 23 11:57 AM · 3d ago · 2 articles · 1 source · development 5 of 6
Robust US manufacturing and services data gave the Federal Reserve additional room to raise rates again. The positive economic readings strengthened the case for continued monetary tightening and supported the dollar.
Federal Reserve Central bank
Kevin Warsh Federal Reserve Chair
Austan Goolsbee Chicago Federal Reserve PresidentAlberto Musalem St. Louis Federal Reserve President
The whole story articles the bright band is this development · numbered dots are the others · click one to jump
1Federal Reserve raises rates for first…2Gold falls on hawkish Fed signals and…3Gold prices decline 0.5% as dollar edges…4–5Strong US PMI data reinforces Fed…
Sep 17Sep 18Sep 19Sep 20Sep 21Sep 22Sep 23Sep 24Sep 25now · 10:48 AM ET
What was reported 3 claims about this development
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2 outlets Gold Slides as Fed Fears Take Over
first by TradingView, 3d ago · also FXStreet
1 more headline
- Gold slides as strong US PMI data gives Fed room to raise rates again FXStreet · 3d ago
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first by CNBC, 3d ago · also TradingView
1 more headline
- Gold muted on Fed policy tightening bets, decline in oil reuters.com · 3d ago
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first by BusinessLine, 4d ago
1 more headline
- Gold retreats as hawkish Fed comments reinforce policy tightening bets BusinessLine · 4d ago
All 6 developments of Gold slides as Fed rate hike bets boost dollar and Treasury… →
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