Gold Dips for Fourth Session on Oil Rally
Gold prices eased for a fourth straight session as surging oil costs heightened inflation worries. Investors now await upcoming Federal Reserve rate decisions and crucial inflation data.
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Gold fell 0.2% to $4,115.96 per ounce during the Wednesday morning session, marking its fourth consecutive decline. The drop came as rising Brent Crude Oil prices stoked inflation fears across global markets.
