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Gold Steadies Near $4,000 as Stronger Dollar, Rate Outlook Weigh
Gold prices remain near $4,000 as a stronger U.S. dollar and interest rate expectations weigh on the market. China's affluent consumers are driving increased demand for gold jewelry due to a property boom and high stock market valuations.
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Adjacent reporting
- Gold falls below $4,000 an ounce as US rate expectations rise
- Gold Holds Decline After Bets Increase on Fed Hike This Year
- Gold and Silver Steady at Last, Clawing Back Toward the Line Gold Broke
- Gold Heads for Weekly Drop as Inflation Fuels Rate-Hike Bets
- Gold Holds Decline as Rising US Inflation Raises Rate-Hike Bets
- Gold and Silver Claw Off the Canyon Floor but Stay Deep in the Abyss