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Gold slips as higher-for-longer Fed rates priced in

Spot gold edged lower, down 0.2% to $4,336.21/oz by 1:40 p.m. ET, as traders priced more restrictive US Federal Reserve policy this year and tracked the Middle East conflict.

XAUUSDGOLD

Gold prices edged lower on Tuesday as markets priced in a more restrictive monetary policy stance from the US Federal Reserve this year, while traders also continued to watch the Middle East conflict. m. ET (1740 GMT). US gold…