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Gold holds near steady as Middle East focus continues

Spot gold was nearly steady around $4,379.74/oz after a one-week peak on Friday, as traders assessed Middle East developments for inflation and interest-rate implications.

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Gold prices were little changed on Monday as market participants assessed developments in the Middle East and their implications for inflation and interest rates. 74 per ounce, by 0027 GMT after hitting a one-week peak on Friday.