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Gold Edges Higher as Softer Oil Prices Offer Support

Spot gold rose 0.3% to $4,175.60 as investors assessed the Federal Reserve’s rate outlook.

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Gold prices moved modestly higher on Monday, with softer oil providing support. Investors weighed the possibility of a Federal Reserve interest rate hike later this year and sought fresh indications of the US central bank’s policy path. Spot gold TVC:GOLD gained 0.3% to $4,175.60 per…