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Gold prices dipped on Tuesday as investors await a key US inflation report due later this week for clues on when the Federal Reserve may begin to talk about tapering its asset purchases.
Spot gold declined 0.4% to $1,892.89 per ounce by 1:50 p.m. ET after rising by 1.5% over the past two days. US gold futures were down 0.2% to $1,895.40 per ounce.
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Image from Grundeinkommen.
Gold prices dipped on Tuesday as investors await a key US inflation report due later this week for clues on when the Federal Reserve may begin to talk about tapering its asset purchases.
Spot gold declined 0.4% to $1,892.89 per ounce by 1:50 p.m. ET after rising by 1.5% over the past two days. US gold futures were down 0.2% to $1,895.40 per ounce.
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