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Steady conditions were manifest in the gold market as the new trading week got underway overnight. The metal received hardly any cues from the US dollar and/or oil during the wee hours and participants were seen holding off on trades until the NY session gets underway. In any event, the focus is hardly on today's headlines, as the Fed gets ready to meet on Tuesday and Wednesday. In the interim, the greenback was hovering near 78.90 on the trade-weighted index, while crude oil marked time at just under $71 per barrel, also showing practically no change.
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