Gold atop 6-month peak on softer US dollar, bets on Fed pause

Gold atop 6-month peak on softer US dollar, bets on Fed pause

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Gold prices climbed a six-month peak on Monday, supported by a weaker U.S. dollar and on bets that the U.S. Federal Reserve is done with its interest rate hike cycle, while the focus shifted to U.S. inflation data due later this week. Spot gold was up 0.4% at $2,009.69 per ounce by 0404 GMT. U.S.…

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