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Gold drops to 2023 low

Prospect of further interest rate rises pushes down price

Kristie Batten
Gold drops to 2023 low

Comex gold futures dropped nearly 1% to US$1847.40 an ounce, the lowest level since December 30, on a stronger US dollar. Spot gold was trading at $1836/oz or A$2659/oz. It comes after US retail...

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