Commodity Capsule: Gold prices extend weakness for the second day.

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Markets mellow down ahead of upcoming cues on the U.S. economy and, a series of addresses from Federal Reserve officials.

The lack of an immediate escalation in the Israel-Hamas war dented any more near-term safe haven demand.

The dollar found its footing around the 106 mark, near 11-month highs.

International spot gold hovers under $1920, losing over $20 in two trading sessions.

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