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Gold falls over 1% as hawkish Fed remarks weigh ahead of US CPI

Gold (XAU/USD) falls more than 1% on Tuesday, giving back much of the previous day’s gains as traders lock in profits. Hawkish remarks from Federal Reserve (Fed) Governor Christopher Waller add to the pressure as markets wait for US consumer inflation data, due at 13:30 GMT.

Gold falls over 1% as hawkish Fed remarks weigh ahead of US CPI

We haven't written up this one. FXStreet has the full story — the link below goes straight to it.

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