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Gold was down on Thursday morning in Asia as investors await U.S. economic data to gauge inflationary pressures further. A strengthening dollar also put a dent in the yellow metal’s appeal.

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Oil Up Boosted by Key Markets, Ahead of OPEC+ Meeting

Oil was up Wednesday morning in Asia as a strong economic rebound of key consumers boosted fuel demand and drained bloated inventories. Investors now await the Organization of the Petroleum Exporting Countries and allies (OPEC+) meeting for clues on production policy.

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