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Sydney - Gold resisted a stronger US$ and a weaker oil price to rise slightly on Thursday.
Spot gold was at $676.70/677.20 an ounce by 02:03 GMT versus $675.50/676.50 in late New York.
The dollar rose slightly against the euro after the release of the minutes of a Federal Reserve meeting suggested there may be more interest rate increases to stem inflation.
US crude oil futures dipped below $62 a barrel, diluting concerns of inflation and capping gold's rise at around $1 an ounce.
Front-month US crude for May delivery was down 8 cents at $61.93 a barrel on the Globex electronic trading platform.
In Tokyo, the benchmark February contract was up ¥4 from the last settlement to ¥2 623.
Platinum was at $1 260/$1 265 an ounce against $1 266/1 271 late in New York.
Silver was at $13.87/13.90 an ounce versus $13.79/$13.84.
Palladium was steady at $363.00/$368.00 an ounce, after an hitting 11-month high on Wednesday. |
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