Gold prices rose as bets on a steep Fed rate hike eased back Monday, hitting a new record in Japanese Yen after the GLD and IAU gold ETFs expanded again and the Kremlin denied any firm plans for Russia/US talks over Ukraine
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(Bloomberg) Gold extended losses after falling the most in two months as a more hawkish-than-expected U.S. Federal Reserve underscored the central bank’s aggressive approach to tackling inflation.