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Gold $3,339.42 $(29.13) -0.86% Silver $38.25 $(0.83) -2.12% Platinum $1,397.96 $(14.55) -1.03% Palladium $1,222.55 $(3.09) -0.25%

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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