Gold advances to 4-week peak as US rate cuts expected soon

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Spot gold edged up 0.6% to $2,054.69 per ounce by 9:29 a.m. ET (1429 GMT), its highest since early February and on track for a second straight weekly rise. U.S. gold futures firmed 0.4% to $2,063.70.

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Gold advances to 4-week peak as US rate cuts expected soon

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