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There has been substantial downward pressure on gold prices in the past few days as a result of a strengthened U.S. dollar and changing expectations regarding Federal Reserve monetary policy. On Friday, the precious metal is set to post its biggest weekly loss that we have not witnessed in several months.
Gold is confronted with a double-edged sword when inflation exceeds expectations. One the one hand, gold is traditionally perceived as a hedge against inflation, which can increase its appeal. Conversely, persistent inflation may induce the Federal Reserve to postpone the reduction of interest rates or even contemplate additional tightening of monetary policy. This situation has the potential to exacerbate the U.S.
2. Inflation Trends: The Federal Reserve may be under increased pressure to modify its policy if inflation continues to exceed expectations. Gold could ultimately benefit from persistent inflation if it surpasses interest rate increases.
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