BUSINESSJul 23 · 23:37 UTCBLOOMBERGYihui Xie

Gold Holds Decline as Surging Energy Costs Raise Rate-Hike Bets

Gold prices declined as rising energy costs and expectations of tighter US Federal Reserve monetary policy to control inflation weighed on the market. The widening conflict in the Middle East further pressured energy prices.

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Goldtopicenergy pricestopicUS Federal ReserveorganizationInflationtopicMiddle Eastplace

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