Gold firms as dollar eases, markets brace for Fed:: (WWW.SHREEMCX.COM)

Gold firmed on Monday as the dollar eased from near 18-month highs, adding to bullion’s appeal among holders of other currencies, with investors looking to a U.S. Federal Reserve meeting for clues on interest rate developments next year.

Spot gold XAU= was up 0.1 percent at $1,239.41 per ounce by 1035 GMT. U.S. gold futures GCv1 rose 0.2 percent to $1,243.40 per ounce.

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