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Gold breaks $1 800 again as traders await steer from Fed minutes

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Gold climbed above $1 800 an ounce again as investors took a risk-off turn before the release of Federal Reserve meeting notes that should bring fresh insight on US monetary policy. Minutes from the Fed’s June gathering will be combed for more clues on the bank’s thinking around rates, bond-purchasing and the economic outlook. Gold is eyeing its highest close in three weeks as softer inflation-adjusted Treasury yields boost the metal’s appeal following its worst month since 2016 in June.

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