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Gold holds steady as dollar, yields offset Fed hike odds

Spot gold was slightly lower and held near recent levels as a firmer dollar and elevated US Treasury yields were offset by reduced expectations for a Fed rate hike this month.

DXYGOLD

Gold prices were steady on Monday, with pressure from a stronger dollar and higher US Treasury yields offset by lower expectations for a Federal Reserve rate hike this month. m. EDT (1804 GMT). US gold futures TV…