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Gold rebounds towards 10-week high as markets brace for US inflation data

Dawn

BusinessDawn·Aug 12, 2026·1 min read

Gold rebounds towards 10-week high as markets brace for US inflation data

Gold prices rose on Wednesday, supported by reduced bets on Federal Reserve tightening next month as investors awaited key US inflation data that could reshape policy expectations. Spot gold gained 0.6 per cent to $4,391.82 per ounce by…

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