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Gold extends losses on Fed tightening outlook

Gold prices extended losses on Thursday, hovering near the more-than-seven-month low hit a day earlier, as the dollar held firm on rising expectations of Federal Reserve interest rate hikes. Spot gold was down 0. 4% at $3, 985. 89 per ounce, as of 0043 GMT, after hitting its lowest level since November 2025 on Wednesday. US gold futures

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