Gold rises on softer dollar, safe-haven demand; focus on Fed minutes

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Key Points

(Reuters) Gold prices rose for a sixth straight session on Wednesday, supported by a weaker dollar and safe-haven buying, ahead of the minutes from the U.S. central banks latest policy meeting...

U.S. gold futures edged 0.1% higher to $2,041.3 per ounce...

The dollar index has come down a bit, so its supporting gold prices and we are experiencing some safe-haven buying as well due to rising tensions in the Middle East, Jigar Trivedi, a senior analyst at Reliance Securities, said...

All eyes are on the Feds meeting minutes and it is expected that gold prices will remain on the higher side, Reliances Trivedi said...

Despite acknowledging remarkable progress on U.S. inflation, Federal Reserve Bank of San Francisco President Mary Daly said there is more work to do to ensure stable prices..

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