Gold price regains positive traction on Tuesday amid the emergence of fresh US Dollar selling.
Bets for more rate hikes by the Federal Reserve could cap any meaningful gains for the metal.
Traders also seem reluctant ahead of the US CPI report and the FOMC minutes on Wednesday.
Gold price attracts fresh buying on Tuesday and snaps a two-day losing streak to the $1,982-$1,981 region, or a three-day low touched the previous day. The XAU/USD sticks to its intraday gains through the first half of the European session and is currently placed just above the $2,000 psychological mark, near the top end of the daily trading range.
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