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Tag: Fed Rate Hike Expectations

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Gold Falls About 4.5% for the Week as US Dollar Extends Gains

Gold edged higher on November 13 but fell about 4.5% for the week, its steepest weekly decline since early June. US inflation data, interest rate expectations and a stronger dollar continued to weigh on prices. Vietcombank’s weekend USD selling rate rose to VND 25,910.

Finance