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Gold trades in narrow range

Gold prices traded in a narrow range on Tuesday, hovering close to a recent two-month low, as optimism over a U.S. debt ceiling deal and reduced bets for a pause in the Federal Reserve's rate hike policy in June dented the metal's appeal.

Spot gold was flat at $1,945.19 per ounce U.S. gold futures were listless at $1,944.10.

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