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The Economic Times

Global Business / The Economic Times

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Gold prices edge lower as US inflation data reinforces Fed outlook

Gold prices fell in early Asian trading, reflecting a decline of over 1% from the previous session. Spot gold is currently valued at $4,006.06 per ounce, while US gold futures have dipped to $4,018.50. Heightened inflation worries have raised fears of a potential interest rate hike by the Federal Reserve in December.

30 Oct 2026 7:22 am