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Gold rises 0.4% as investors weigh Fed path

Spot gold rose 0.4% to $4,126.78 per ounce by 2:16 p.m. EDT after a two-month low in the prior session.

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Gold prices edged higher on Thursday after touching a two-month low in the prior session, as investors weighed the Federal Reserve's uncertain interest-rate path against mounting concerns over elevated US debt levels. m. EDT (1…