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Gold plunges on stronger dollar, Fed tightening expectations

Gold plunges on stronger dollar, Fed tightening expectations

Gold fell more than 8% at one point on Monday, hitting a four-month low, after logging its biggest weekly loss in about 43 years, as investors rushed to unwind positions amid a strengthening dollar and growing expectations of U.S. rate rises.

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Gold steady as Iran tensions counter hawkish Fed outlook

Gold steady as Iran tensions counter hawkish Fed outlook

Gold prices held steady on Tuesday, as demand for the safe haven rose on geopolitical jitters stemming from the Iran war, while investor caution ahead of the U.S. Federal Reserve's monetary policy decision kept prices in check.

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