Gold weakens below $4,050 as geopolitics support USD ahead of FOMC meeting

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Gold attracted follow-through selling and weakened below the $4,050 level during the Asian session on Tuesday, after failing to find acceptance above $4,100 the previous day. The decline came as geopolitical tensions supported the US dollar ahead of the Federal Open Market Committee meeting.

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Gold weakened as geopolitical tensions supported USD ahead of FOMC meeting, pressuring gold prices.

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