PRECIOUS-Gold holds near five-week highs, but potential U.S. rate hike weighs

* YouGov poll shows PM May losing majority in UK elections * Spot gold may retrace to $1,257 per ounce- technicals * Palladium close to four week highs hit on Wednesday (Updates prices, adds quotes) By Vijaykumar Vedala June 1 (Reuters) - Gold edged lower on Thursday but held near the five-week highs hit in the previous session, as expectations that the U.S. Federal Reserve will hike interest rates this month weighed on prices but geopolitical concerns provided some support

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