Gold eased on Monday as the dollar firmed, but renewed bets that the U.S. Federal Reserve may go slow on unwinding its pandemic-driven economic support measures kept bullion close to a 2-1/2-month high.
Spot gold XAU= inched 0.2% lower to $1,822.86 per ounce by 10:00 a.m. EDT (1400 GMT). On Friday, prices hit their highest since June 16 at $1,833.80. Trading has been subdued by Monday’s U.S. Labor day holiday.
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