PRECIOUS-Gold edges up after Friday's drop, investors await Fed meeting
* Higher inflation data tests Fed's transitory inflation view
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* Higher inflation data tests Fed's transitory inflation view
Gold prices were set on Friday for a third straight weekly gain, supported by a retreat in U.S. bond yields and dollar with investors focussing on the Federal Reserve's response to inflationary pressure and concerns over tepid economic growth.
Gold prices were set on Friday for a third straight weekly gain, supported by a retreat in U.S. bond yields and dollar with investors focussing on the Federal Reserve's response to inflationary pressure and concerns over tepid economic growth.
* Negative real yields could help gold rise above $1,850/oz- ANZ
* Negative real yields could help gold rise above $1,850/oz- ANZ