Gold Prices Hit by Renewed Bets on Higher Yields and Stronger Dollar - The Wall Street Journal

The precious metal is on track for its fourth-consecutive monthly price decline, despite the surge in inflation.

Inflation keeps surging to multiyear highs, yet gold cant catch a break.The most actively traded gold futures contract has fallen $79.90, or 4.4%, to $1,727.40 troy ounce in July, on pace for its fou… [+367 chars]

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