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Bengaluru — Gold prices inched higher on Wednesday, with investors awaiting US economic data that could influence the Federal Reserve’s rate-cut timeline. Spot gold was up 0.3% at $2,416.62/oz by 4.02am GMT. US gold futures gained 0.4% to $2,417.10. Investors expect key US data releases this week, including the... read full story
"If either the GDP or core PCE figures produce an upside beat, this could provide a stumbling block for gold in the short term on dollar strength,"
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