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Gold pares gains as mixed US PPI offers little relief from Fed tightening fears

fxstreet.com

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Gold (XAU/USD) trims its gains on Friday after briefly climbing above $3,900. The metal fell to $3,852 on Thursday, its lowest level since October 2025.

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investingLive Americas market news wrap: Hawkish Fed worries ebb after PPI

US October PPI +6.5% vs +6.6% expected Fed's Goolsbee: We're not on the way to 2% inflation and we have to deal with that Goldman Sachs: We can explain almost the entire US inflation overshoot by tariffs and the war in Iran Fed's Collins: I would think some additional policy tightening is warranted soon Fed's Daly: In all likelihood, we need to raise rates M…

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