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PRECIOUS-Gold drifts from one-month peak on Fed rate hike concerns
Reuters May 31 Gold edged lower on Wednesday, moving away from a one-month peak hit in the previous session as U.S. economic data boosted the case for an interest rate hike by the Federal Reserve next month. FUNDAMENTALS * Spot gold was down 0.2 ... PRECIOUS-Gold set for first monthly drop since Dec as Fed rate hike likely |
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