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The Nexus
BUSINESSJul 13 · 20:10 UTCBLOOMBERG

Gold Drops Below $4,000 as Fed Rate Hike Bets Surge

Gold prices fell below $4,000 as expectations of a Federal Reserve rate hike increased. Market bets on higher interest rates by the Fed contributed to the decline in gold's value.

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GoldtopicFederal Reserveorganizationrate hiketopic
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