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Gold Climbs in New York Trading as Investors Await U.S. Reports

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Gold gained for the first time in four days in New York as investors weighed the Federal Reserve’s stimulus plans before reports forecast to show the U.S. economy is improving. Futures lost 23 percent since the start of April, heading for a record quarterly loss, after the Fed said last week the central bank may slow asset purchases if the economy continues to improve. Reports due today may show jobless claims fell and personal incomes and spending rose, estimates compiled by Bloomberg show. New York Fed...

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