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Gold gains 1 pct after sharp slide on US GDP data

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By A. Ananthalakshmi SINGAPORE (Reuters) - Gold edged higher on Thursday after tumbling 12 percent over the past 8 sessions, as soft data on U.S. economic growth eased fears of a quick end to the Federal Reserve's monetary stimulus. Bullion was still not far off Wednesday's near three-year low, with its safe-haven appeal severely dented since Fed Chairman Ben Bernanke laid out a strategy last week to wind down the central...

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