0102 GMT — Gold is little changed in early Asian trade, after gains overnight on U.S. data showing that the service sector was cooling, adding to hopes of a Fed pause in its rate hike. “The ISM services report showed prices paid cooled and employment fell to contraction territory, which is raising hopes that the Fed might not have to deliver anymore rate hikes if we see further weakness next month,” says Edward Moya, senior analyst at Oanda, in a note. Spot gold is little changed at $1,960.83/oz. (bingyan.wang@wsj.com)
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