Gold rebounds after sharp selloff though Fed hike bets weigh
Gold prices ticked up on Wednesday after a nearly 3% slide in the previous session, but gains were limited as stronger-than-expected US inflation data cemented expectations of a Federal Reserve interest rate hike next month, weighing on bullion. Spot gold rose 0.6% to $4,057.33 per ounce at 0637 GMT after falling nearly 3% to $4,017.21…