Gold near 3-week low as stocks, dollar surges on strong US growth

Spot gold was firm at US$1,176.61 an ounce by 0026 GMT on Wednesday - Reuters Photo.

SINGAPORE: Gold was trading close to a three-week low on Wednesday as strong US economic growth boosted equities and the dollar, weakening safe-haven bids for bullion.

Spot gold was firm at US$1,176.61 an ounce by 0026 GMT. The metal is close to a three-week low of US$1,170.17 hit on Monday.

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