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Gold falls 1% on surging dollar, hawkish Fed

Por: CNBC Business September 22, 2022

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A five hundred gram gold bar, left, and a a one kilogram gold bar, produced by Swiss manufacturer Argor Hebaeus SA, in Budapest, Hungary. Gold prices fell 1% on Thursday, as the U.S. dollar rallied and the Federal Reserve flagged more large rate hikes, diminishing the zero-yielding metal's appeal.Akos Stiller Bloomberg Getty ImagesGold prices fell 1% on Thursday, as the U.S. dollar rallied and the Federal Reserve flagged more large rate... + full article



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