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Gold climbs as investors await US inflation data

Gold prices rose on Wednesday as investors reduced expectations for higher US interest rates. Markets were also preparing for important US inflation data. Spot gold gained 0.6% to $4,391.82 per ounce. US gold futures for December delivery increased 0.2% to $4,451.90. Gold had reached a 10-week high on Tuesday before retreating later in the session. […]

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