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Gold subdued on hawkish policy remarks by Fed after US inflation data

By Arundhati Sarkar (Reuters) – Gold prices edged lower on Thursday from last session’s one-month peak, weighed down by hawkish policy remarks by U.S. Federal Reserve officials even as data pointed to signs of inflation peaking. Spot gold fell 0.3% to $1,786.71 per ounce by 0852 GMT, after hitting its …

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