Trump inflation trade fades -GOLD

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"There is apparently a move of institutional investor money
into gold and there are usually very good reasons for that."

Spot gold was up 0.6 percent at $1,256.75 an ounce by
2:26 p.m. EST (1926 GMT), having touched its highest since Nov.
11 at $1,260.10 earlier, zeroing in on the 200-day moving
average. It was on track to finish the week higher for the
fourth straight week.

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