South Korea Industrial Output Growth dipped from previous -0.7% to -3% in May

South Korea Industrial Output Growth dipped from previous -0.7% to -3% in May
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Gold declines to near $4,000 as inflation concerns reinforce higher-rate outlook

Gold price (XAU/USD) declines to around $4,015 during the early Asian session on Tuesday. The precious metal extends its downside as inflationary pressure raised expectations that central banks would keep interest rates higher for longer.
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