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Gold Steadies Near $4,000 as Inflation Data Eases Rate-Hike Bets

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25 June

Gold continues to stabilize near $4,000 as inflation data reduces rate-hike expectations.

Gold steadied near $4,000 an ounce as the latest US inflation gauge tempered expectations for an interest-rate hike, capping a tumultuous week that saw bullion slump to the lowest since November.

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Story timeline

25 June

Gold continues to stabilize near $4,000 as inflation data reduces rate-hike expectations.