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Gold slips as dollar firms; Middle East conflict in focus

Spot gold fell 0.6% to $4,349.99/oz by 1046 GMT, pressured by a firmer dollar and profit-taking after a late-last-week rally; traders also tracked the Middle East conflict.

XAUUSDGOLD

Gold edged lower on Monday as a firmer dollar and profit-taking after last week’s rally pressured prices, while market participants watched the conflict in the Middle East. 99 per ounce by 1046 GMT. US gold futures TVC:GOLD were…