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Gold extends fall as safe-haven buying slows amid U.S. rate hike view
Spot gold XAU= fell for a third straight session and wasdown 0.2 percent at $1,255.88 an ounce, as of 0408 GMT, afterhitting its lowest since mid-December at $1,253 earlier in thesession. U.S. gold futures GCcv1 for August delivery were 0.2percent lower at $1,257.50 per ounce. "Gold does not seem to be benefiting from any risks relatingto rising trade tensions, but is experiencing declines from afirmer dollar and any improvement in equity markets," said JohnSharma, an economist at National Australia Bank. "It appears that investors are seeking safe havens in theU.S. treasuries and currencies such as the Japanese ... (full story)