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Gold falls below $4,300 on Fed hawkish signals

Gold price (XAU/USD) tumbles to near $4,290 during the early Asian session on Thursday.

Gold price (XAU/USD) tumbles to near $4,290 during the early Asian session on Thursday.

The precious metal loses momentum as hawkish signals from Federal Reserve (Fed) policymakers bolstered rate hike expectations, weighing on non-yielding bullion.

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