Gold prices slip on U.S. debt limit deal, Fed rate-hike bets

Gold prices slip on U.S. debt limit deal, Fed rate-hike bets

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Gold prices edged lower on Monday as a tentative deal sealed over the weekend to suspend the U.S. debt ceiling coupled with jitters around higher-for-longer interest rates dampened demand for the non-yielding metal. Spot gold was down 0.1% at $1,944.09 per ounce by 0252 GMT, hovering near…

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