Rate hike rush pushes gold to longest monthly losing streak in 4 years

Spot gold fell 0.5% to $1,715.79 an ounce by 09:55 a.m. ET (1355 GMT). Bullion has lost about 3% so far in August, and was set for its fifth straight month of declines.

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Rate hike rush pushes gold to longest monthly losing streak in 4 years

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