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Gold holds ground as traders brace for US inflation data

Gold holds ground as traders brace for US inflation data

Gold prices rose for the third session with investors awaiting U.S. inflation data for potential Fed rate cuts. Spot gold at $2,375.70. CPI, PPI may support rate cuts. Edward Meir sees possible further rise. FedWatch tool predicts rate cuts, discussed by Powell and House. Silver up 0.4%, platinum at $991.80, palladium at $992.30. Gold shines with low inflation.

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