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Gold futures climbed on Tuesday to their highest settlement in over a week, buoyed by weakness in the dollar following U.S. data showing inflation rising in August at the slowest pace in seven months. “Every U.S. economic data release is important as traders will use it to judge the strength for next quarter,” said Chintan Karnani, director of research at Insignia Consultants, adding that Thursday’s U.S. August retail sale numbers will impact gold’s price, as well as the U.S. dollar index.
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