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Gold climbs as dollar dips; retail sales data in focus

Gold climbs as dollar dips; retail sales data in focus

July 18 (Reuters) - Gold prices rose on Tuesday supported by a softer dollar, while investors awaited U.S. retail sales data that could have a bearing on the Federal Reserve’s policy outlook as inflation shows signs of cooling.

Spot gold rose 0.4% to $1,962.19 per ounce by 1144 GMT. U.S. gold futures advanced 0.5% to $1,965.90...[LINK]

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