BUSINESSAug 4 · 23:54 UTCBLOOMBERGWendy Wells

Gold Holds Steady as Progress on Hormuz Trims Rate-Hike Bets

Gold maintained a stable trading range as progress toward an interim deal to reopen the Strait of Hormuz alleviated inflation worries and lowered expectations for a US Federal Reserve interest rate hike.

Nexus surfaces and summarizes. The full story lives at the source.

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GoldtopicStrait of HormuzplaceUS Federal ReserveorganizationInflation Concernstopicinterest ratestopic

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