Gold flat after last session's retreat from 1-1/2-month high

Gold prices held steady on Monday after cutting gains in the prior session on U.S. Federal Reserve chief Jerome Powell's comment that inflation could ease next year and the central bank was on track to start tapering its stimulus. Spot gold was little changed at $1,792.95 per ounce by 0148 GMT. U.S. gold futures fell 0.1% to $1,793.70.

from Commodities-Markets-Economic Times
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