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Gold crashes below $4,100 as hot CPI revives October Fed hike bets
요약
Gold (XAU/USD) price collapses nearly 2% on Wednesday after the latest inflation report in the US was hotter than foreseen, resurrecting bets that the Federal Reserve (Fed) could increase rates at the October 27-28 meeting. At the time of writing, XAU/USD trades at $4,078, after peaking near $4,170.