Gold gave back its overnight rebound and slipped below $4,000 in Asia as the dollar index hit its highest since October 14; UK Q3 GDP and US jobless claims are today's focus.
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Hotter-than-expected US October CPI has fuelled bets on a December Fed rate hike, lifting the dollar and Treasury yields. Gold steadied near $4,050 after Tuesday's sharp sell-off, with $4,015 support and $4,065–$4,085 resistance in focus. Sterling awaits Thursday's UK GDP, Bitcoin defends $72,500, and oil rebounded on