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Gold $2,304.20 $(15.36) -0.66% Silver $28.97 $(0.63) -2.13% Platinum $955.42 $(3.21) -0.33% Palladium $894.43 $(8.59) -0.95%

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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