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17 Aug 2026 · 03:58 GMT+3
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Gold gains momentum to near $4,400 as Fed hike expectations drop despite Us-Iran tensions

Gold price (XAU/USD) gains momentum to around $4,395 during the early Asian trading hours on Monday. The precious metal extends the rally as cooling US inflation data has dampened expectations for the US Federal Reserve (Fed) interest rate hike. 

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