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Gold $3,288.91 $(29.05) -0.88% Silver $32.97 $(0.34) -1.02% Platinum $1,054.90 $(28.55) -2.64% Palladium $969.55 $(1.89) -0.2%

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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