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Gold Extends Weekly Losing Run Amid ‘Hawkish’ Fed Commentary

  • Bullion retreats for third week in longest run since November
  • Fed’s Dudley says U.S. rates may increase in June or July
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Should Investors Move to Gold to Hedge Against Inflation?

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Gold fell for a third straight week, the longest stretch of such declines since November, amid speculation the Federal Reserve will raise interest rates as soon as next month.

QuickTake Gold’s Ups and Downs