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Pablo Sinha on Muck Rack

Pablo Sinha

As seen in: MSN, MSN Australia, MSN New Zealand, MSN España, Reuters, Reuters Japan, Terra, The Economic Times, Yahoo Singapore, Aol and
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Articles

Gold heads for biggest weekly loss in six as Middle East war fans inflation worries

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By Pablo Sinha
| Zawya Verified
Gold was on track for its biggest weekly loss in six on Friday, as escalating U.S.-Iran clashes lifted oil prices, adding to inflationary pressures and strengthening the case for higher U.S. interest rates. Spot gold was up 0.8% at $4,002.39 per ounce by 0624 GMT, having touched its lowest since July 1 earlier in the day. U.S. gold futures for August delivery gained 0.4% to $4,006.10.
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Gold heads for biggest weekly loss in six as Middle East war fans inflation worries

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By Pablo Sinha
| MSN Verified
Pablo Sinha By Pablo Sinha July 17 (Reuters) - Gold was on track for its biggest weekly loss in six on Friday, as escalating U.S.-Iran clashes lifted oil prices, adding to inflationary pressures and strengthening the case for higher U.S. interest rates. Spot gold was up 0.8% at $4,002.39 per ounce by 0624 GMT, having touched its lowest since July 1 earlier in the day. U.S. gold futures for August delivery gained 0.4% to $4,006.10.
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Gold falls as Mideast conflict dims easing inflation hopes

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By Pablo Sinha
| MSN Australia Verified
Pablo Sinha By Pablo Sinha July 16 (Reuters) - Gold fell on Thursday as an escalating Middle East conflict fuelled concerns that the U.S. Federal Reserve could hike interest rates this year, overshadowing recent optimism over easing inflation. Spot gold was down 0.8% at $4,029.29 per ounce by 0518 GMT. U.S. gold futures for August delivery lost 0.4% to $4,034.40.
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