PRECIOUS-Gold gains as Asian stocks dip; Fed meeting in focus

BENGALURU, June 12 (Reuters) - Gold prices edged up early on Monday as Asian stocks fell ahead of a two-day U.S. Federal Reserve policy meeting that could give clues on the pace of possible U.S interest rate hikes over the rest of the year. FUNDAMENTALS * Spot gold had risen 0.3 percent to $1,269.16 per ounce by 0053 GMT. It dropped 1 percent on Friday in its biggest one-day percentage decline since May 18. * U.S. gold futures for August deli

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