Gold prices consolidated in a tight range on Thursday, hovering close to a near seven-month high, as investors awaited a key inflation print to gauge whether interest rate cuts in the U.S. would come sooner than previously expected. Spot gold was flat at $2,044.79 per ounce by 0351 GMT, after hitting its highest since May 5 on Wednesday, and was poised for its second straight monthly gain. U.S. gold futures for December delivery fell 0.2% to $2,045.30 per ounce.
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