Gold steady as dollar firms ahead of US consumer data
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Gold prices held steady early Wednesday, after hitting a more than one-week low in the previous session, as the dollar firmed and investors waited for cues from U.S. consumer inflation data. FUNDAMENTALS
Spot gold was nearly unchanged at $1,280.90 per ounce at 0103 GMT. On Tuesday, gold touched a session low of $1,270.56, a bottom since Nov. 6, before recovering to gain about 0.2 percent. U.S. gold futures for December delivery slipped 0.2 percent to $1,280.90. www.mcxgoldstar.com 7830278303
Gold prices drifted higher on Monday, as investors looked ahead to a busy week of Federal Reserve speakers for fresh clues on the likely trajectory of monetary policy. www.mcxgoldstar.com 7830278303
Crude prices were largely unchanged on Wednesday, amid speculation weekly supply data due later in the day will show an increase in U.S. oil and fuel supplies. www.mcxgoldstar.com 7830278303
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