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30 Sept 2026 · 14:04 GMT+3

Gold loses momentum as the initial reaction to softer US PCE inflation fades

Gold (XAU/USD) reverses its earlier gains on Wednesday after briefly climbing above $4,200 in reaction to softer-than-expected US Personal Consumption Expenditures (PCE) inflation data. The initial move fades as the US Dollar (USD) trims its losses and US Treasury yields resume their advance.

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