Gold prices edged lower on Wednesday and the dollar traded firm as hawkish comments from Federal Reserve officials bolstered the chance of a 25-bps rate hike at the June FOMC meeting. The dollar has also benefited from uncertainty over U.S. debt ceiling negotiations.
Spot gold eased 0.2 percent to $1,985.76 per ounce, while U.S. gold futures were down 0.2 percent at $1,989.15.
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