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Gold prices move higher

Gold prices move higher

Gold prices rose more than 1% as falling oil prices eased inflation concerns, while investors awaited U.S. inflation data and signals from the Federal Reserve on monetary policy. Spot gold climbed 1.6% to $4,129.69 an ounce, while U.S. gold futures for December delivery rose 1.6% to $4,139, following gains of about 5% last week.

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