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Gold prices fell today after U.S. inflation data came in higher than expected. The decline coincided with hawkish remarks from the Federal Reserve, which strengthened expectations of an interest-rate hike next month and pushed the dollar close to a one-month high. Spot gold fell 0.2% to $3,979.09 an ounce, while U.S. gold futures for December delivery dropped 0.4% to $3,984.50. Silver fell 0.6% and palladium 0.3%.
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