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Metals Stocks: Gold ends at a fresh 9-month high as inflation wanes

Gold prices advanced to fresh nine-month highs on Tuesday as expectations for smaller U.S. interest-rate hikes helped bolster the yellow metal while weighing on the dollar.

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Precious metals analysts credited signs of waning U.S. inflation with helping to boost the price of gold by making it easier for the Federal Reserve to pause its interest-rate hikes, or even switch back to cutting rates.


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