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Gold prices fell today with the rise of the dollar, while a new set of global economic data reinforced investor concerns about interest rates remaining high for a longer period than expected.
Reuters reported that gold fell in spot transactions by 0.2 percent to $ 1833.57 an ounce, after reaching the highest level in a week yesterday, and US gold futures fell 0.3 percent to $ 1840.50.
The dollar index rose 0.1%, making the yellow metal more expensive for buyers holding other currencies.
Among other precious metals, silver fell in spot transactions by 0.5 percent, to $20.90 an ounce, and palladium lost 0.8 percent, recording $1,428.85.
Platinum fell 0.5% to $950.64, after hitting a three-week high in the previous session.
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