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Gold Inching Toward Bull Trigger

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Federal Reserve Chairman Jerome Powell faces a long, hot summer audition for a second term, with senators watching and weighing his response to potential signs of inflation. The financial system's chief is one of the most powerful in the world. President Biden hasn't given any public indication whether he'll renominate Powell, but Democrats close to the administration say there's a chance he'll make an announcement by Labor Day - well before Powell's term ends next February.

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