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🔴 Gold prices rose to a one-week high on Thursday, supported by weak US inflation data that reinforced expectations of an interest rate cut by the Federal Reserve this year, while investors awaited further inflation data for further guidance.
📌 Spot gold rose 0.2 percent to $3,360.29 per ounce by 08:38 GMT, after earlier touching its highest level since June 5.
📌 US gold futures rose 1.1 percent to $3,380.00.
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