Gold prices eased on Monday as a surge in oil prices stoked inflation concerns, boosting expectations of a US interest rate hike at the Fed meeting this week.
Spot gold was down 0.5% at $4,327.09 per ounce, posting a third consecutive weekly decline, while US gold futures dropped 0.9% to $4,367.50.
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Left-leaning coverage is thinner (1 source vs up to 2 on other desks) for "Gold slips as oil rally fans rate hike bets ahead of Fed meeting".
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The interest rate decision will influence inflation expectations, economic growth, and investor sentiment
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