Gold prices lingered near a three-week low on Thursday as the initial safe-haven demand from the Middle East conflict faded, while investors awaited comments from U.S. Federal Reserve Chair Jerome Powell for more clues on interest rates.
Spot gold was steady at $1,949.43 per ounce by 0559 GMT after hitting its lowest since Oct. 19 on Wednesday. U.S. gold futures fell 0.2% to $1,954.50.
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