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Rising energy prices have triggered concerns in the market about the prospect of the US interest rate cut and supported the strengthening of the US dollar, leading to a fall in gold prices. This week, the market generally expects the Federal Reserve to maintain interest rates unchanged for the second consecutive meeting, but investors will closely monitor Fed Chairman Powell's speech for clues on future policy paths. Brent crude oil futures prices are still above $100, intensifying inflation concerns and weakening expectations for further interest rate cuts.
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