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Gold has traded sideways through most of the...>

GOLD
GOLD: Gold has traded sideways through most of the session and little changed on
the day. Spot gold currently trades at USD1493/tr oz near the higher end of the
day's range.
- The loss of momentum is mirrored in the slowdown in ETF purchases, with total
ETF holdings of gold appearing to stabilise around 82.1m tr oz.
- With all eyes on the Fed this week, which is expected to cut the policy rate
again by 25bps, gold will remain vulnerable.
- In addition, signs of progress on the US-China trade talks and further Brexit
can-kicking has reduced the near-term risks to the global economy.

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