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Spot gold short-term gains expanded to $20, now reported at $2517.83/ounce

Spot gold short-term gains expanded to $20, now reported 2517.83 dollars/ounce; dollar index DXY short-term tumbled 50 points, now reported 100.94.

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The dollar index DXY fell to 101, falling 0.49% during the day.

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Interest rate futures traders put the probability of the Fed cutting rates by 50 basis points in September at about 33%.

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