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Gold slips as firm dollar weighs; focus turns to Fed meeting

Gold prices edged lower as the dollar strengthened, impacting bullion values. Markets are closely watching the Federal Reserve's upcoming policy decision for rate clues. President Trump urged the Federal Reserve to lower interest rates for the United States. China's gold imports via Hong Kong saw a significant year-on-year increase in June. Other precious metals like silver, platinum, and palladium also experienced price declines.

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Economic TimesLean R·1h ago
Gold slips as firm dollar weighs; focus turns to Fed meeting
Gold prices edged lower as the dollar strengthened, impacting bullion values. Markets are closely watching the Federal Reserve's upcoming policy decision for rate clues. President Trump urged the Federal Reserve to lower interest rates for the United States. China's gold imports via Hong Kong saw a significant year-on-year increase in June. Other precious metals like silver, platinum, and palladium also experienced price declines.
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Gold slips as firm dollar weighs; focus turns to Fed meeting

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