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The Nexus
BUSINESSAug 16 · 23:36 UTCBLOOMBERGYihui Xie

Gold Steady Near $4,400 as Traders Weigh US Data and Rate Path

Gold remained steady near $4,400 as traders assessed multiple factors influencing the Federal Reserve's interest-rate path. Specifically, they are weighing the competing impacts of cooling US economic data and ongoing energy-led inflation pressure.

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