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Gold Futures Market Update: Tuesday, February 18, 2024

Gold futures held steady on Tuesday as investors awaited the minutes of the last U.S. Federal Reserve policy meeting for more clues on its interest rate cut timing. Spot gold was up 0.5% at $2,027.19 per ounce, while U.S. gold futures settled 0.8% higher at $2,039.8. The dollar index was down 0.2%, making greenback-priced bullion less expensive for overseas buyers.

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