Gold Drops Below $4,000 on Hot Inflation, Tech-Stock Selloff
· bloomberg.com · popularity 38/100 · 0 similar stories today · Economy & Markets (Money, Markets & Investing)
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Summary
Gold fell below $4,000 an ounce — on track for a second monthly loss — as rising oil prices added to inflationary pressures and a tech-stock selloff raised the risk of investors selling the metal to cover losses.
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