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Gold down as dollar rises
Spot gold fell 0.2% to $3,979.09 an ounce, while U.S. gold futures for December delivery slipped 0.4% to $3,984.50. The declines followed higher-than-expected U.S. inflation data and hawkish remarks from the Federal Reserve, which strengthened expectations of an interest-rate hike next month. The dollar rose to its highest level in 19 months against major currencies.
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