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Gold drops 1.2% to $4,349.32/oz after robust U.S. inflation data

Spot gold slid 1.2% to $4,349.32 per ounce by 9:24 a.m. EDT (1324 GMT) after robust U.S. inflation data boosted bets for a Federal Reserve rate hike next week. U.S. gold futures fell 1.6% to $...

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