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10 Sept 2026 · 14:07 GMT+3

Gold slides as US PPI reinforces Fed hike expectations, US Dollar and yields rise

Gold (XAU/USD) trades with a downside bias on Thursday as a steady US Dollar (USD), rising US Treasury yields and Federal Reserve (Fed) rate-hike expectations weigh on the precious metal, while traders also assess the latest US Producer Price Index (PPI) data.

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