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Gold trims losses after US inflation data; set to end nine-week win streak

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Gold prices saw a dip on Friday, recovering slightly after U.S. inflation data eased. This eased concerns about interest rate hikes by the Federal Reserve. However, gold is still heading for its first weekly decline in ten weeks. Investors are booking profits after a recent record high. Silver also experienced a decline. Platinum and palladium prices also fell.



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