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Gold prices edge up as easing trade concerns hurt dollar

Updated : September 20, 2018 10:01 AM IST

Spot gold was up 0.2 percent at $1,203.86, as of 0347 GMT, after rising 0.5 percent in the previous session.
Earlier this week, Washington imposed 10 percent tariffs on Chinese goods worth $200 billion, while China retaliated with levies on about $60 billion worth of US goods at scaled-back rates.
Investors are awaiting next week's Federal Reserve meeting. The US central bank is widely expected to raise benchmark interest rates and shed light on the path for future rate hikes.
Gold prices edge up as easing trade concerns hurt dollar

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