Gold steadies as traders weigh outlook for Fed rate cuts
Bullion traded near $2,626 an ounce in thin trading after closing 1.1% higher on Friday.
The price of gold was firm above $1,610 Tuesday morning as the U.S. dollar was trading weak amid U.S. debt stalemate.
Gold for August delivery, the most actively traded contract, edged down $1.00 to $1,611.20 an ounce.
