0137 GMT - Gold is steady in thin holiday trading in Asia. Gold is under intensifying pressure due to the stagnation of diplomatic efforts to end the Middle East war, and the lack of near-term prospects for Fed monetary policy easing, Simon-Peter Massabni of XS.com writes in a note. Large-scale outflows from gold exchange-traded funds are also pressuring the yellow metal, Massabni adds. Spot gold is flat at $4,617.13 an ounce. (kimberley.kao@wsj.com)


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05-01-26 1007ET