Gold Strengthens as Dollar Retreats, US Inflation Data Looms

Gold prices stabilized during trading today, Wednesday, after climbing to record highs last week, as demand for safe haven assets fueled by geopolitical risks in the Middle East partially offset pressure from a stronger US dollar and Treasury yields. The dollar settled near a five-month high, making the dollar-denominated yellow metal less attractive to holders

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Gold Touches Record High, Heading for Fourth Straight Weekly Gain

Gold prices rose on Friday to hit a record high, supported by central bank buying amid geopolitical tensions, while strong U.S. economic data failed to dent its appeal. As of 0345 GMT, spot gold was up 0.5% at $2384.34 an ounce, having earlier hit a record high of $2395.29. U.S. gold futures rose 1.2% to

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