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Gold $4,121.48 $10.92 0.27% Silver $51.95 $(0.41) -0.78% Platinum $1,648.38 $7.07 0.43% Palladium $1,474.46 $(3.93) -0.27%

Gold prices drop as US rate-cut hopes fade

Gold prices drop as US rate-cut hopes fade

Jan 22 (Reuters) - Gold prices declined on Monday, as hopes of a March interest rate cut by the Federal Reserve faded, while traders awaited key U.S. economic data and major central bank policy meetings this week.
 
Spot gold was down 0.2% at $2,026.40 per ounce, as of 1237 GMT. U.S. gold futures were steady at $2,029.00...[LINK]
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