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Gold Prices Dip In Asia As Bank of Japan And People’s Bank Of China Eyed – Investing

“Gold prices eased slightly in Asia on Thursday as investors debated the prospect of China sharly trimming puchases of US Treasurys and whether the Bank of Japan is set to inch forward on a way out of its aggressive monetary policy.

Comex gold futures on the New York Mercantile Exchange dipped 0.06% to $1,318.50 a troy ounce.

Overnight, gold prices were hovering near four-month highs on Wednesday, as sentiment on the U.S. dollar weakened ahead of retail sales and inflation reports due at the end of the week.”


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