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News 2026-09-29 00:50 UTC

Gold holds near seven-week low, US economic data on tap

Gold steadied on Tuesday but hovered near a more than seven-week low on concerns that the Federal Reserve may keep interest rates higher for longer, while investors awaited a slew of US economic data.FUNDAMENTALS* Spot gold TVC:GOLD was little changed at $4,123.29 per ounce, as of 0038 GMT, after h…