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Gold edges up above $4,418
Gold prices rose slightly today, Tuesday, amid a weakening dollar, as investors await inflation data that could influence the Federal Reserve's upcoming monetary policy decision. The spot price of an ounce reached $4,418.79, while U.S. December futures declined to $4,464.80. This follows gold's highest level in over two months, when the price of an ounce surpassed $4,433, as investors continue to watch inflation figures and the outlook for the U.S. central bank.
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