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Bengaluru — Gold prices were little changed on Monday as investors sought further direction after a week of political uncertainty in the US and Europe and ahead of a meeting of central bankers later this week. Spot gold edged 0.1% higher at $1,285.91 an ounce by 4.06am GMT, while US gold futures for December delivery were flat at $1,291.20/oz. The metal surged to its highest since November on Friday when political and security concerns in the US and Spain jangled investors’ nerves and stoked demand. Prices, however, took a turn later on Friday when US President Donald Trump fired his chief strategist Steve Bannon in the latest White House shake-up. Stock markets recovered after the news and the dollar rose as investors turned away from safe-haven assets. "Political tensions were running pretty high during the past week but the news that Steve Bannon was (exiting) the White House on Friday dented investor appetite slowly and at the moment, investors are probably just waiting to see t...

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