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11 Sept 2026 · 02:36 GMT+3

Gold falls below $4,350 as rising oil prices, US PPI reinforces Fed hike bets

Gold price (XAU/USD) tumbles to near $4,320 during the early Asian session on Friday. The precious metal faces some selling pressure after the US Producer Price Index (PPI) inflation data and rising oil prices increased bets for a Federal Reserve (Fed) rate hike.

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