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Australia TD Securities Inflation (YoY) declined to 4.6% in January from previous 5.2%

Gold Price Forecast: XAU/USD holds below $2,040, focus on Fed’s Powell speech

Gold price (XAU/USD) holds positive ground during the early Asian session on Monday.
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Powell speech: A March FOMC rate cut is unlikely

Federal Reserve Chair Jerome Powell discussed inflation risks, expected rate cuts, and the banking system with CBS News’s 60 Minutes this Sunday.
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