Gold prices rose on Thursday, boosted by rising tensions in the Middle East and a weaker dollar, while weaker-than-expected U.S. inflation data raised expectations for a Federal Reserve interest rate cut.
Spot gold rose 0.6% to $3,372.46 an ounce, as of 0202 GMT. U.S. gold futures rose 1.5% to $3,393.
Gold prices fell to a near two-month low, making dollar-priced bullion more attractive to overseas buyers.
Source: Newsmaker.id
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