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⭐️The global gold price continued its slight decline, with spot gold dropping by $4.5 to $1,908.2 per ounce. Futures gold traded at $1,932.5 per ounce in the last session, down $2.6 compared to the previous morning. ⭐️In the trading session on September 13th, the global gold market struggled to avoid a steep decline as the consumer price index (CPI) rose higher...
The ECB meets later in the session, with policymakers having to decide whether to raise its key interest rate to a record level, or pause its lengthy rate-hiking cycle as the eurozone’s economy deteriorates. The central bank has raised rates at each of its past nine meetings and another increase of 25 basis points would lift the key deposit rate to 4%, the...