
Gold was steady for a second day, as investors weighed the outlook for U.S. interest rates following inflation data that supported the case for a rate cut next month.
Bullion was near $2,625 an ounce, with pressure on the metal easing as the U.S. dollar rally lost steam. The U.S. dollar, which strengthened after President-elect Donald Trump's victory, has weakened this week against other currencies amid month-end flows. A stronger dollar makes the metal more expensive for many buyers.
Source: newsmaker.id
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