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Gold Holds Steady Despite Strong Dollar

Gold prices held steady on Thursday, even as the dollar hit a one-week high on hawkish Fed minutes.

Spot gold was little changed at $1,223.65 an ounce while U.S. gold futures eased marginally to $1,226.70.

A sell-off in Asia added some appeal to gold, which is seemingly resuming its safe-haven status.

Asian markets ended mostly lower, with China's Shanghai Composite index ending down nearly 3 percent, as core lending data disappointed and the yuan hit its weakest…

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