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Falling

GOLD

Bullion declined in Asia, undermining its recovery after bouncing during the US session on Tuesday. The yellow metal last trades at $1828.71, down $8.71 having hit session lows at $1826. The decline in gold has come despite general risk aversion, the greenback has risen with markets now focusing on the US CPI report as well as a speech from US President Biden after fairly upbeat assessments of the economy from several Fed speakers yesterday.

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