Gold steady as Germany, Turkey incidents fail to prompt safe-haven buying

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 Gold prices were steady on Tuesday after deadly incidents in Germany and Turkey failed to spur safe-haven buying, with markets focused on the possibility of further U.S. interest rate hikes next year.

The Russian ambassador to Turkey was shot in the back and killed as he gave a speech at an Ankara art gallery on Monday by an off-duty police officer.Later, a truck ploughed into a crowded Christmas market in central Berlin, killing 12 people and injuring 48 others in what Germany’s interior minister said looked like an attack.

Spot god was flat at $1,138.56 an ounce by 0330 GMT, while U.S. gold futures fell 0.2% to $1,140.60 per ounce.

Holdings of the SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, fell 1.06%to 828.10 tonnes on Monday. Holdings are down over 12 %since November.

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