Gold Steady After Encouraging Economic News

Gold futures were flat Monday amid some upbeat U.S. economic data and a steady dollar.

The Chicago Fed’s national economic activity index improved to a 12-month high, boosting the likelihood of an interest rate hike before year’s end.

December gold settled at $1,343.40/oz, down $2.80, or 0.2%

Trading was quiet ahead of the Federal Reserve’s annual Jackson Hole symposium.

Central bankers will gather to fish, chat and listen to remarks from Fed Chair Janet Yellen on Friday.

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  Symbol Bid Ask Spread
EURUSD 1.22680 1.22700 2
  Symbol Bid Ask Spread
GBPUSD 1.40220 1.40250 3
  Symbol Bid Ask Spread
USDJPY 107.800 107.820 2
  Symbol Bid Ask Spread
EURGBP 0.87470 0.87500 3
  Symbol Bid Ask Spread
EURCHF 1.19660 1.19690 3

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