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Gold prices edge up as softer inflation tempers rate-hike bets

Spot gold inched about 0.1% higher to $4,159.11/oz, offsetting pressure from a firmer dollar and elevated US Treasury yields.

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Gold prices were little changed on Thursday as a firmer dollar and elevated US Treasury yields were offset by softer-than-expected US inflation data, which pared bets on a Federal Reserve rate hike in October. 11 per ounce by …