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Metals Stocks: Gold’s win streak at risk as dollar crawls up from 10-month lows

Gold prices hovered near little changed Wednesday as a weaker dollar stabilized, putting the yellow metal at risk of snapping a three-day win streak that had driven it to the highest level for July.

August gold GCQ7, +0.02% was little changed near $1,241.10 an ounce but had so far ranged between $1,235.10 and $1,243.00. The contract settled at $1,241.90 on Tuesday—the highest since June 30, according to FactSet data. Analysts continued to eye support at the 200-day moving average around $1,230.

The dollar index scratched its way up from the 10-month lows hit earlier this week amid fading prospects for more U.S.

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