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Gold was little changed on Tuesday as investors awaited Federal Reserve Chairman Ben Bernanke's congressional testimony later this week for clues on when the US central bank would begin tapering its monetary stimulus. Spot gold was down $1 at $1,281.00 an ounce by 0654 GMT, while US gold fell 0.3 percent to $1279.80. The top eight gold ETFs have seen holdings drop by about 19 million ounces, or $24 billion at current prices, so far this year, according to Thomson Reuters data.

Copyright Reuters, 2013

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