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Gold steadies as GDP, PCE keep Fed-rate risk alive - Kitco AM Report
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(Kitco NewsWire) - Spot gold prices are near unchanged and spot silver prices are slightly softer ahead of the North American market open Thursday, as traders digested Wednesday’s Fed hold, this morning’s U.S. GDP and PCE data, firm Treasury yields and elevated oil prices tied to ongoing U.S.-Iran risk. At the time of writing, spot gold was trading near $4,067 an ounce, while spot silver was trading near $58.19 on the session.
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