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Gold edges higher after sharp selloff, Fed hike bets weigh

Verified: 2 outlets in 2 countries have reported this story since Nov 11.

📍 Washington, US·🕐 54m ago·2 outlets

WASHINGTON: Gold prices edged higher on Wednesday after a nearly 3.0 per cent slide in the previous session, but gains were limited as stronger-than-expected US inflation data cemented expectations of a Federal Reserve interest rate hike next month, weighing on bullion.

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✓ Verified · 2 outlets

Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.

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The story so far · 2 reports · · 2 countries✓ Verified Nov 11, 5:28 AM UTC
  1. Nov 11, 1:25 AM UTCFirst report
    Gold steadies near $4,035 after sharp selloff as December Fed hike bets firminvesting.com ↗
  2. Nov 11, 5:28 AM UTC+4 h· you’re reading this
    Gold edges higher after sharp selloff, Fed hike bets weighnst.com.my ↗
  3. Verified: a second independent outlet reported itNov 11, 5:28 AM UTC · +4 h
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Verification Log1
cross checkconfirmed90%

[Claude] Report 2 covers the same gold price movement after the sharp selloff and Fed hike bets, with no conflicting facts.

54m ago
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Reliability
87%

Very high · How we score this

Risk Score
low risk