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Gold Pressured by Fed Rate Uncertainty, China Woes hit Copper.
Gold prices slipped further on Monday as uncertainty over the Federal Reserve’s path of monetary tightening persisted, while copper prices fell on more manufacturing troubles in major importer China.
Spot gold prices fell 0.1% to $1,745.46 an ounce, while Gold futures dropped 0.2% to $1,759.90 an ounce by 20:33 ET (00:33 GMT).