India, Sept. 11 -- Gold prices are nearly flat on Friday as investors weigh today's inflation readings, which have reinforced bets on an interest rate hike by the U.S. Federal Reserve, against reports of an upcoming meeting between Iran and the Gulf Cooperation Council to discuss reopening the Strait of Hormuz.
Front Month Comex Gold for October delivery has ticked higher by $2.10 (or 0.05%) to $4,375.80 per troy ounce.
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