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Gold futures log back-to-back session losses

·1 min read
Gold futures log back-to-back session losses

Gold futures settled lower Tuesday for a second straight session. Prices struggled as U.S. Treasury yields jumped after disappointing data on housing starts, said Edward Moya, senior market analyst at OANDA. All eyes will be on the minutes from the Federal Reserve's July meeting due out Wednesday, "which will likely confirm we need to see the next labor and inflation data before making the call that the Fed can go at a slower pace of tightening," he said. December gold fell $8.40, or 0.5%, to se