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Gold hits over seven-month low

Gold prices fell to a more than seven-month low on Wednesday and traded below the key $4, 000-per-ounce level, due to pressure from a firmer US dollar and growing expectations of interest rate hikes. Spot gold fell 3. 3% to $3, 973. 79 an ounce as of 2: 00 p. m. EDT (1800 GMT), after hitting its lowe. .

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