Metals Stocks: Gold falls as the dollar trades at multiweek highs

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Three .9999 fine gold bars, 400 troy ounces or 28 lbs each, with a combined value of more than USD 2 million, are displayed at the Bureau of Engraving and Printing (BEP) in Washington, DC.

Gold prices dipped Tuesday as the dollar stretched to a three-week high while financial markets assessed stronger chances for rising U.S. interest rates after recent Federal Reserve comments.

Traders are already eyeing the monthly U.S. jobs report due at the end of the week as the next major catalyst in the effort to solidify their expectations for rates—it is the scope and speed of monetary policy that is driving the deepest debate.

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