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Gold rises over 1% as oil prices cool and dollar softens

Spot gold gained more than 1% to $4,182.59 by 1200 GMT, after easing oil prices and a softer US dollar.

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Gold climbed more than 1% on Friday and reached its highest level in a week as oil prices eased and the US dollar weakened, while markets continued to assess the chance of further Federal Reserve interest-rate hikes. 59 by 1200 GMT.