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Gold price above $1,900 on prospects of slower Fed rate hikes

Staff Writer | January 13, 2023 | 9:35 am Markets USA Gold 

Gold prices scaled over an eight-month peak on Friday, surpassing the key $1,900 level, as cooling US inflation raised hopes for slower interest rate hikes from the Federal Reserve. Spot gold rose 0.9% to $1,914.42 per ounce by 12:20 p.m....

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