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Bangkok Post
Bangkok Post
Business

Gold rally faces test from inflation, oil prices

Ms Areerat says the market is now focused on inflation risks from higher oil prices, which could prevent the Fed from easing policy quickly despite weak US non-farm payroll data. (Photo: Reuters)

Gold prices face renewed pressure as rising oil prices and persistent tensions in the Middle East revive inflation concerns, increasing the likelihood that the US Federal Reserve may delay monetary easing despite continued demand for the precious metal.

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