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Gold edges higher as oil falls and dollar stays subdued

Spot gold rose 0.2% to $4,346.65/oz, supported by lower oil prices and a subdued US dollar amid focus on Middle East and global monetary policy outlook.

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Gold edged higher on Friday, supported by lower oil prices and a subdued US dollar, while market participants remained focused on developments in the Middle East and the outlook for global monetary policy. 65 per ounce as of 0145.