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Gold $2,004.84 $1.87 0.09% Silver $23.03 $0.01 0.04% Platinum $924.26 $4.93 0.54% Palladium $966.41 $21.38 2.26%

Gold hits 5-month low as robust US data lifts rate hike bets

Gold hits 5-month low as robust US data lifts rate hike bets

Aug 17 (Reuters) - Gold hit a five-month low on Thursday after data pointed to a resilient U.S. economy and raised prospects that the Federal Reserve may hike interest rates once more this year.

Spot gold edged up 0.2% to $1,893.30 per ounce by 0945 GMT, as some traders bought on the dips, but hovered near its weakest level since March 15 at $1,888.30...[LINK]

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