Gold Edges Up On Weaker Dollar, But U.S. Rate Outlook Weighs

Gold prices inched up on Wednesday on a weaker U.S. dollar and lower treasury yields, but expectations of a U.S. rate rise next week kept a lid on gains.

Spot gold was up 0.3 percent at $1,298.98 per ounce at 0635 GMT.

U.S. gold futures for August delivery were 0.1 percent higher at $1,303.10 per ounce.

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Suhani Verma

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