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Nov 20 - Gold prices climbed for a third consecutive session to mark a one-week high on Wednesday, as investors sought refuge in the safe-haven metal amid mounting geopolitical unease fueled by escalating Russia-Ukraine tensions.
"Clearly that's sparked safe-haven interest," said Peter Grant, vice president and senior metals strategist at Zaner Metals. Investor attention is also fixed on several Federal Reserve officials who are set to speak this week. Market expectations for a December rate cut have declined significantly, with odds now at 55.5%, down from 82.5% just a week ago.
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