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Gold prices were little changed on Thursday as investors awaited the outcome of geopolitical risks and looked forward to key decisions on monetary policy to be delivered next week.
At 10:28AM ET (14:28GMT), gold futures for August delivery on the Comex division of the New York Mercantile Exchange inched up 80 cents, or 0.06%, to $1,302.20 a troy ounce.
In the short-term, market participants were focused on the G7 meeting to take place on Friday and Saturday in Quebec. France and Germany warned the U.S. that they would not sign a joint communique without concessions, but the American top economic adviser Larry Kudlow warned this week that U.S. President Donald Trump would not back down from his tough stance on trade.
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