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RTRS:Gold hits lowest since end Jan, slips under $1,660 per ounce |
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(Reuters) - Spot gold fell to its lowest since late January on Wednesday, pressured by a firmer dollar.
The U.S. currency rose broadly after the Federal Reserve's modest upgrade of economic forecasts.
Spot gold stood at $1,657 per ounce by 5.42 p.m. EDT, down just over 1 percent on the day and hitting its lowest since Jan 25.
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