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Gold prices climb as dollar weakens after U.S. inflation data, ahead of Brexit vote

March 12, 2019

Gold prices gained on Tuesday, looking to recoup most of the previous session’s losses, with the dollar weakening in the wake of monthly U.S. inflation data, as investors await a vote by U.K. lawmakers on Prime Minister Theresa May’s Brexit plan.

Gold for April delivery GCJ9, +0.50% rose $6.30, or 0.5%, to $1,297.40 an ounce after losing 0.6% Monday. May SIK9, +0.76% was 12.6 cents, or 0.8%, higher at $15.40 an ounce.

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