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Gold holds above $2,000 on safe-haven demand; Fed meet in focus
![IndiaTimes]()
Monday, 30 October 2023
Gold prices held steady near the key $2,000 level on Monday, buoyed by safe-haven demand from an escalating Middle East conflict, as investors awaited the outcome from the US Federal Reserve's policy meeting this week. Spot gold was steady at $2,003.17 per ounce by 0245 GMT. US gold futures climbed 0.7% to $2,013.00. Israeli air strikes hit areas near Gaza City's Shifa and Al-Quds hospitals early on Monday, and Palestinian militants clashed with Israeli forces in a border area east of the city of Khan Younis, in the enclave's south, Palestinian media reported.
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Monday, 30 October 2023
