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Gold Price Forecast: XAU/USD drifts lower with US CPI, Fed speakers in focus

Gold (XAU/USD) extends losses on Wednesday, despite the lower US Treasury yields, with investors looking from the sidelines ahead of the release of September’s US Consumer Price Index (CPI) report and speeches from Federal Reserve (Fed) officials due later in the day.

Gold Price Forecast: XAU/USD drifts lower with US CPI, Fed speakers in focus

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