Gold traded near $4,350 an ounce on Tuesday, extending losses from the previous session as hawkish comments from Federal Reserve officials strengthened expectations for further US interest-rate increases. Chicago Fed President Austan Goolsbee said the central bank must account for persistent supply shocks, while St. Louis Fed President Alberto Musalem said additional increases may be needed to bring inflation toward the Fed’s target. Falling oil prices offered some support as diplomatic efforts to end the Middle East conflict intensified and energy flows from the region continued. President Trump was due to address the UN General Assembly in New York and may meet Iranian President Pezeshkian. Longer-term support for gold includes continued central-bank buying, geopolitical uncertainty, fiscal-sustainability concerns and fears of currency debasement.