Gold prices eased in a narrow range on Tuesday as traders assessed comments from U.S. central bank officials on interest rates staying high, while the US debt-ceiling debate and risk of a default curbed further losses in bullion, APA reports citing Financial Post.
Spot gold fell 0.2% to $2,015.84 per ounce by 0452 GMT, while U.S. gold futures eased 0.1% to $2,020.40.
Gold hit $2,072.19 this month, just shy of a record high of $2,072.49, after the Federal Reserve hinted that its marathon raising cycle may be ending.