Gold holds above a two-month high after softer United States inflation trims rate-hike expectations

The completed United States futures settlement confirms the move, while Indian returns still depend on the rupee and local contract basis.

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Spot gold rose 0.9% to $4,406.64 per ounce at Reuters' late United States checkpoint, while United States gold futures settled 0.6% higher at $4,467.50.

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