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Gold rebounds to two-week peak as US data boosts Fed rate cut hopes

Updated : May 31, 2019 09:34 AM IST

The metal reversed course from earlier in the session, when it fell to its lowest level since May 23 at $1,274.44.
Fed policymakers are likely to shrug off the last quarter's growth spurt and focus on the weak domestic demand and inflation when they meet next month.
Gold rebounds to two-week peak as US data boosts Fed rate cut hopes

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