Gold edged lower on Wednesday, although still holding near its highest in seven months, supported by a weaker dollar ahead of key political and economic events that are expected to stoke bullion's safe-haven appeal. A national election in the UK, a European Central Bank policy meeting and former U.S. Federal Bureau of Investigation (FBI) director Senate testimony are all occurring on Thursday. The events have the potential to boost the appeal of bullion, which is often used as an investment option during times of political and financial uncertainty.

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