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Gold eases after Fed officials signal higher-for-longer rates

Spot gold fell 0.5% to $4,321.74/oz by 1213 GMT, while US gold futures dropped 0.6% to $4,359.20, after hawkish Fed policymaker signals reinforced higher-for-longer rate expectations.

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Gold prices eased on Tuesday after hawkish signals from US Federal Reserve policymakers reinforced expectations that interest rates will stay higher for longer. 74 per ounce by 1213 GMT. 20.