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Gold holds above $4,000 as US PCE data cools near-term Fed rate-hike bets

요약

Gold (XAU/USD) steadies above the $4,000 mark on Friday as a softer US Dollar (USD) and lower Treasury yields provide support after the latest US Personal Consumption Expenditures (PCE) inflation report broadly met forecasts, reducing expectations of a near-term Federal Reserve (Fed) interest rate h