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Gold rises more than 2% on softer dollar, eased oil

Spot gold climbed 2.3% to $4,361.07/oz as a weaker US dollar and easing oil prices supported demand.

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Gold climbed more than 2% on Thursday, recovering after a near six-week low in the prior session, as softer oil prices and a weaker US dollar supported the metal while investors weighed the latest Federal Reserve rate hike. 07 an ounce as of 11:2…