FXStreet Sep 7, 2026 · 4:19 AM · 1 min read

Gold recovers intraday losses to sub-$4,400 as USD slumps despite Fed rate hike bets

Gold (XAU/USD) shows some resilience below the $4,400 mark and recovers intraday losses during the first half of the European session on Monday. Any meaningful upside, however, seems limited as traders might opt to wait on the sidelines ahead of the latest US inflation figures, due later this week.

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Gold recovers intraday losses to sub-$4,400 as USD slumps despite Fed rate hike bets

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