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Gold was up on Wednesday morning in Asia, boosted by retreating U.S. Treasury yields. Investors now await U.S. and Chinese inflation data due later in the week.

Gold futures were up 0.32% to $1,790.45 by 9:34 PM ET (2:34 AM GMT). The 10-year and 30-year U.S. Treasury yields retreated from their one-week highs hit on Tuesday.

Investors now await the U.S. data, including the consumer price index (CPI), due on Friday. Chinese inflation data, including the CPI and producer price index, is due the day before.