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Gold held steady early Wednesday after touching six-week highs in the session before, with investors awaiting more policy cues from U.S. President-elect Donald Trump's first news conference since the elections, due later in the day.
FUNDAMENTALS
- Spot gold was little changed at $1,187.76 an ounce by 0043 GMT. Bullion reached its highest level since Nov. 30 on Tuesday at $1,190.46.
- U.S. gold futures gained 0.2 percent to $1,187.80 per ounce.
- The market is looking for more clues on Trump's spending plans in the first news conference since his shock election win in November.
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