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Gold slumps to 6-month low even as inflation fears rise. Here's why bullion is out of favor
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- There are other factors at play as well.
- August gold futures touched $4,046.20 on Thursday, their lowest level since November.
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Gold fell to a fresh six-month low on Thursday as investors dump the once-hot trade on growing concern that higher inflation will force the Federal Reserve into possibly raising rates later this year, or at least keep them steady.
There are other factors at play as well.
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