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Gold price holds near 4-month peak despite bitcoin rebound
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Gold prices steadied near the highest in more than four months on Monday amid signs that investors are turning more bullish on the precious metal. Declines in the US dollar and bond yields also helped bullion’s appeal.

Spot gold stayed relatively flat, up 0.1% to $1,883.59 an ounce by 1:20 p.m. ET, while US gold futures rose 0.4% to $1,884.60 an ounce.

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Gold prices steadied near the highest in more than four months on Monday amid signs that investors are turning more bullish on the precious metal. Declines in the US dollar and bond yields also helped bullion’s appeal.

Spot gold stayed relatively flat, up 0.1% to $1,883.59 an ounce by 1:20 p.m. ET, while US gold futures rose 0.4% to $1,884.60 an ounce.

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