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08 Sept 2026 · 21:01 GMT+3

Gold price wilts as Oil shock puts CPI in Fed crosshairs

Gold (XAU/USD) registers losses of over 0.44% on Tuesday amid a light economic docket in the US, due to a narrative dominated by the US-Iran conflict, higher Oil prices and traders bracing for the release of US inflation reports, with the PPI expected on Thursday, followed by the next day’s CPI.

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