Gold drops 1% to $4,590 as US inflation boosts dollar, Treasury yields

Gold drops 1% to $4,590 as US inflation boosts dollar, Treasury yields
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Gold prices have declined by 1.4% to $4,590 per ounce, retreating from a recent three-month high. The drop comes as US inflation figures for July showed a year-over-year rate of 3.4%, contributing to… [+1370 chars]

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