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Gold slips as Middle East focus outweighs rate outlook

Spot gold fell 0.3% to $4,362.60 per ounce by 0417 GMT, after a one-week high on Friday, as investors assessed Middle East developments for inflation and interest-rate implications.

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Gold prices slipped on Monday as market participants weighed developments in the Middle East and the implications for inflation and interest rates. 60 per ounce by 0417 GMT after hitting a one-week high on Friday. US gold futures TVC:GO…