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Gold $5,157.94 $50.05 0.98% Silver $86.93 $2.91 3.46% Platinum $2,158.80 $7.31 0.34% Palladium $1,742.65 $0.75 0.04%

Gold hurt by dollar rebound; traders eye key data for Fed rate cut timing

Gold hurt by dollar rebound; traders eye key data for Fed rate cut timing

Feb 28 (Reuters) - Gold prices edged down for a third straight day on Wednesday, hurt by a rebounding U.S. dollar, ahead of crucial economic data which help shape investors' view on the timing of the Federal Reserve's interest rate cuts.
 
Spot gold slipped 0.1% at $2,026.71 per ounce, as of 1049 GMT. U.S. gold futures fell 0.4% to $2,035.90 per ounce...[LINK]
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