Gold Faces Biggest Monthly Drop Since Late 2008 On Hawkish Fed Stance

Gold prices fell over 1% on Tuesday and were set for their biggest monthly decline since October 2008, as uncertainty in the Middle East gave way to expectations of US interest rate hikes to tame elevated inflation.Spot gold declined 1.5% to $3,956.92 per ounce by 0221 GMT, shedd

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