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Gold rises as dollar softens, traders brace for Fed rate cut
Gold nudged higher on Monday, supported by a softer dollar as traders grew more confident that the US Federal Reserve will deliver an interest-rate cut at its policy meeting this week. Spot gold was up 0.3% at $4,212.70 per ounce, as of 0319 GMT. US gold futures for December delivery were steady at $4,241.30 per ounce.
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