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Gold prices fight for altitude as global stocks drift lower

September 17, 2019

Gold futures traded at break-even levels on Tuesday as a reaction to an attack on Saudi Arabian oil-infrastructure attacks moderated, and investors began to focus on the Federal Reserve interest rate setting meeting this week.

December gold GCZ19, -0.11% on Comex was little changed, edging up 40 cents, or about 0.1% at $1,511.80 an ounce, after a 0.8% gain on Monday, which pushed the mos-active contract to its highest settlement since Sept. 6, FactSet data show.

Silver for December delivery SIZ19, -0.56% gave up 11 cents, or 0.7%, to trade at $17,905 an ounce, after a 2.6% rally on Monday.

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