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Gold rebounds to near $3,900 despite inflation worries

Middle East War updates: Iran warns of expanded strikes against US despite progress in talks

Australia’s central bank is poised to raise interest rates for a fifth time this year on Tuesday, intensifying efforts to gain control over inflation that’s among the strongest in the developed world.

Australia’s home prices are on track for the biggest fall in 40 years as the Reserve Bank is expected to increase borrowing costs again this week.