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Gold dips on steady dollar, but political tensions support

Gold prices dipped on Thursday as the dollar held its strong gains from the previous session, but simmering tensions over Russia and a potential trade war offered support.

Gold posted its biggest one-day percentage fall in nearly nine months on Wednesday after robust U.S. data lifted the dollar, which steadied at those strong levels on Thursday. USD/

Spot gold XAU= had slipped 0.1 percent to $1,323.51 per ounce by 1106 GMT, after hitting a low of $1,322.50 earlier in the session, its lowest since March 21.

U.S. gold futures GCcv1 for April delivery were down 0.02 percent at $1,324 per ounce.

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