(Reuters) - Gold eased from a one-month high on Tuesday as traders lightened their positions ahead of a key speech by the Federal Reserve chairman, but its falls were limited due to stronger oil and industrial metals prices.
By 0326 GMT, spot gold was trading at $659.70/660.50 an ounce, slightly down from $660.80/661.60 late in New York on Monday, when the metal rallied to its highest since June 7 at $662.80 an ounce because of a weak dollar and surging oil prices.
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By 0326 GMT, spot gold was trading at $659.70/660.50 an ounce, slightly down from $660.80/661.60 late in New York on Monday, when the metal rallied to its highest since June 7 at $662.80 an ounce because of a weak dollar and surging oil prices.
Read more at Reuters Africa
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