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09 Sept 2026 · 02:32 GMT+3

Gold slumps to near $4,350 amid oil-driven inflation fears, US inflation data in focus

Gold price (XAU/USD) falls to near $4,350 during the early Asian session on Wednesday. The precious metal faces some selling pressure as rising oil prices fueled inflation ‌concerns and boosted expectations for a rate hike by the Federal Reserve (Fed) in September.

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