Gold Falls 2% As Inflation Fears Bolster Hawkish Fed Bets

Gold prices fell to a one-month low on Wednesday as investors weighed the risk of a more hawkish US Federal Reserve policy stance, with high oil prices fuelling concerns about inflation.Spot gold fell 2% to $4,903.19 per ounce as of 1216 GMT, its lowest level since February 18. U

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