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Gold prices hit 5-mth low as U.S. rate risks boost dollar, yields.

Gold prices steadied in Asian trade on Thursday, and were nursing three days of losses as hawkish signals from the Federal Reserve boosted the dollar and heralded more pain for the yellow metal.

Spot gold slid below the key $1,900 an ounce level this week, and was trading at its lowest level in five months amid pressure from a spike in the dollar and Treasury yields.