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Gold prices rangebound as traders focus on US economic data
short by Kalpesh / on Wednesday, 24 April, 2024
Gold prices crept higher on Wednesday but were stuck in a narrow range as investors looked to U.S. economic data for further clarity on the Federal Reserve's interest rate path.Spot gold rose 0.2% to $2,327.86 per ounce by 0429 GMT, after having hit its lowest since April 5 in the previous session. U.S. gold futures were steady at $2,340.90.
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