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Gold prices steady on weaker dollar after Tillerson dismissal


(Reuters) - Gold prices were largely steady on Wednesday on a weaker dollar following U.S. Secretary of State Rex Tillerson's sudden dismissal and after consumer price data pointed towards a path of gradual hikes in U.S. interest rates.FUNDAMENTALS * Spot gold fell 0.1 percent to $1,325.19 per ounce at 0124 GMT. * U.S. gold futures for April delivery fell 0.1 percent to $1,325.60 per ounce.* Asian shares eased amid fears of rising U.S. protectionism as President Donald Trump fired his Secretary of State, regarded as a moderate in his administration, and eyes hefty tariffs on Chinese ...

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First Published: Wed, March 14 2018. 07:05 IST