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Important News on Gold

Gold gained in Asia on Thursday as investors parsed the latest Fed minutes for the pace of expected rate hikes and a weaker dollar supported demand.
Some saw the Fed minutes as a bit less hawkish than expected and as uncertainty swirls around President Donald Trump's plans to cut taxes and boost spending as policy makers said the outlook had changed little since January with further strengthening of the labor market and progress towards the inflation target and that rate hikes are likely ahead in line with a forecast for three this year.

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