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Gold holds steady on Fed rate-cut hopes; focus on U.S. inflation print

Gold holds steady on Fed rate-cut hopes; focus on U.S. inflation print

Gold prices held steady above the key $2,000 level on Wednesday, supported by prospects of interest rate cuts from the Federal Reserve next year, while investors awaited U.S. inflation numbers later this week.

Spot gold was little changed at $2,032.60 per ounce, as of 0131 GMT. U.S. gold futures fell 0.2% at $2,046.10...[LINK]

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