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Gold prices edged lower on Wednesday, a day after climbing to more than a one-week high.

ADSS

Better-than-expected economic reports from the US lifted prospects of a quicker economic recovery, reducing the appeal of the safe-haven metal. Gold futures, which recorded gains in each of the previous four sessions, closed slightly lower on Wednesday.

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Source: https://www.adss.com/en/market-updates/research/gold-prices-retreat-after-hitting-over-one-week-pe/
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