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Gold firms as dollar slips; U.S. consumer data in focus


By Vijaykumar Vedala(Reuters) - Gold prices edged higher on Wednesday as the dollar slipped ahead of the release of October consumer inflation data from the United States later in the day that could provide hints on the Federal Reserve's monetary tightening policy.Spot gold was up 0.3 percent at $1,284.30 per ounce at 0811 GMT. On Tuesday, gold touched $1,270.56, its lowest since Nov. 6, before recovering to close 0.2 percent higher.U.S. gold futures for December delivery gained 0.1 percent to $1,284.50."Gold is still stuck in a tight range as traders are waiting for additional signals before ...

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First Published: Wed, November 15 2017. 13:58 IST