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Gold bounces off November 2025 lows as Fed bets ease before US PCE

Gold (XAU/USD) rebounds from the vicinity of the lowest level since November 2025, set the previous day, and trades near the $4,000 psychological mark during the latter part of the Asian session on Thursday. A modest US Dollar (USD) downtick offers some support to the commodity amid some repositioning trade…

Gold falls to seven-month low below ,000 on rising Fed hike bets, traders brace for US PCE data

Gold price (XAU/USD) tumbles to around $3,995 during the early Asian session on Thursday. The precious metal extends the decline to below the $4,000 psychological level for the first time since November 2025 on the prospect of higher interest rates and a stronger US Dollar (USD). All eyes will be on the US May Personal Consumption Expenditures (PCE) data, which will be published on Thursday. Traders have ramped up bets on US interest rate hikes this year…

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President Trump alleges gas price gouging, calls for DOJ investigation

close video President Donald Trump claimed energy companies are engaging in fuel price gouging and said that he has ordered the U.S. Justice Department to investigate. “The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil. Those…

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