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Gold $2,464.34 $6.86 0.28% Silver $30.38 $0.11 0.36% Platinum $995.62 $(0.05) -0.01% Palladium $954.98 $2.66 0.28%

Gold rises on the back of weaker dollar; US inflation data in focus

Gold rises on the back of weaker dollar; US inflation data in focus

Jan 11 (Reuters) - Gold prices climbed on Thursday, buoyed by a softer dollar, while markets awaited a key U.S. inflation report later in the day that could help gauge the Federal Reserve's policy trajectory this year.

Spot gold was up 0.5% at $2,033.70 per ounce, as of 1206 GMT. U.S. gold futures also rose 0.6% to $2,038.90...[LINK]

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