Gold price remains supported by dovish Fed expectations and weaker US Dollar

Gold price (XAU/USD) struggles to capitalize on its weekly gains registered over the past two days and oscillates in a narrow trading band during the Asian session on Wednesday.
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USD/CHF drops below 0.8900 on downbeat US inflation data, focus shifts to PPI

USD/CHF plunged sharply on Tuesday, more than 100 pips, due to the downbeat US inflation data.
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