India, Nov. 11 -- Gold prices were a tad higher on Wednesday, after having tumbled in the previous session on concerns over rising inflationary pressures and expectations of another Federal Reserve rate hike in December.
Spot gold edged up 0.4 percent to $4,048 an ounce after a nearly 3 percent decline in the previous session, weighed down by a stronger dollar and rising Treasury yields. U.S. gold futures were up 0.7 percent at $4,057 an ounce.
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