Gold prices held steady on Monday, bolstered by strong central bank demand and the potential for an early U.S. Federal Reserve rate cut, but gains were capped as some investors sold bullion to cover losses in other trades.
Spot gold was little changed at $3,034.89 an ounce, as of 1042 GMT, after hitting a session low of $2,971.09 earlier in the session.
U.S. gold futures rose 0.6% to $3,052.30.
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