Gold Plummets Amidst Oil Surge, Fed Hikes
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Gold plummets eleven percent, marking worst weekly drop in forty years, as higher oil prices fuel inflation fears and traders bet on Fed rate hikes. Key support at $4,361, with $4,200 as critical line. Long-term drivers for gold remain strong, but prolonged conflict and Fed response could impact prices.
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