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Gold slides below $4,000 as Fed rate hike bets offset falling bond yields and weak USD

FXStreet30 October 2026, 04:46 UTCUnited States of America

Gold (XAU/USD) attracts some follow-through selling for the second straight day and slides below the $4,000 psychological mark during the Asian session on Friday amid hawkish US Federal Reserve (Fed) expectations.

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