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Gold price may dip with Fed rate hike

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The markets predict the first rate hike under Mr Warsh will happen this week, while another in December is possible, says Mr Kritcharat.

Markets increasingly anticipate the Federal Reserve will hike US interest rates by 0.25% this week, potentially pressuring the global gold price to slide by as much as US$100 an ounce, say pundits.

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#Federal Reserve (FED)