Gold on track for fourth weekly loss on hawkish Fed bets
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Gold is expected to post a weekly loss, with some outlets reporting it would be the fourth consecutive weekly loss, while others suggest it would be the third. The outlook for gold is influenced by expectations of a hawkish federal reserve, which is boosting the dollar. However, there are conflicting reports on gold's recent performance, with some indicating gains and others noting it is under pressure near a multi-month low.
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