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Gold recovers as USD softens; Fed hike bets to cap upside

Gold (XAU/USD) builds on its modest intraday bounce from the $3,983-$3982 region and climbs to the top end of its daily range heading into the European session on Friday. The US Dollar (USD) remains depressed below its highest level since May 2025 set on Thursday, amid receding Federal Reserve (Fed) rate-hike bets. This, in turn, is seen as a key factor lending some support to the commodity. Any meaningful recovery, however, still seems elusive, warranting…

Finance news

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Study reveals retirement costs without Social Security across states

Retirement remains top of mind for many Americans, whether they are approaching their so-called “golden years” or have many years to go before leaving the workforce.  How much money a person needs to have saved to retire without financial stress is an important consideration in the retirement preparation process, and…

Business

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Mortgage rates tick slightly higher this week with 30-year at 6.49%

Mortgage rates ticked slightly higher this week, but were little changed, mortgage buyer Freddie Mac said on Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.49% from last week’s reading of 6.47% and 6.52% the week…

Markets

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Investing

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