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Gold slips 0.5% as oil rises and markets assess Fed chair comments

Spot gold fell on Wednesday as higher oil weighed, while markets assessed comments from Fed Chair Kevin Warsh after the central bank held rates steady in a broadly anticipated move.

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By Noel John and Anjana AnilGold prices fell on Wednesday as higher oil weighed, while market participants assessed comments from US Federal Reserve Chair Kevin Warsh after the central bank held benchmark interest rates steady in a move that was broadly anticipated.Spot gold TVC:GOLD lost 0.5% to…