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Gold Slips as Iran Tensions Reinforce Expectations for Another Fed Hike
Spot gold recently traded near $4,272.50 an ounce, while Federal Reserve projections show 16 of 18 officials expect at least one more rate increase in 2026.
Spot gold has fallen toward $4,272.50 an ounce as tensions involving Iran strengthen expectations for another Federal Reserve rate hike, adding pressure to the precious metal.
