Gold settled under $1,300 an ounce on Tuesday as strong U.S. data offset safe-haven bids from escalating tensions between Russia and the West.
Investors are now eyeing this week's U.S. jobs report and a Federal Reserve policy meeting to gauge further the strength of the world's largest economy and the central bank's stance on tightening monetary policy.
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U.S. gold futures for June delivery settled $2.70 lower at $1,296.30 an ounce.
Spot gold, meanwhile, was last flat at $1,296 an ounce. Prices reached a 1-1/2 week high of $1,306.11 on Monday before ending down 0.6 percent on signs of a strengthening U.S. housing market.