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Gold rises 0.3% as investors weigh Fed path, US debt concerns

Spot gold gained 0.3% to $4,124.50 per ounce by 10:05 a.m. EDT after a two-month low in the prior session.

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Gold prices edged higher on Thursday after falling to a two-month low in the prior session, with investors weighing the Federal Reserve's uncertain interest-rate path against rising concerns over elevated US debt levels. m. EDT.