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01 Sept 2026 · 14:23 GMT+3

Gold struggles below $4,400 as Fed rate hike bets dominate

Gold (XAU/USD) extends its pullback from the more-than-three-month high touched last week and falls to a fresh two-week low on Tuesday. Rising expectations of Federal Reserve (Fed) interest rate hikes and fresh tensions in the Middle East remain the main drivers behind the latest leg lower.

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