Showing posts with label Reuters. Show all posts
Showing posts with label Reuters. Show all posts

Monday, 6 October 2025

Amazon loses devices VP and member of elite CEO advisory just days after launches

Just days after putting on its annual devices and services showcase, Amazon (AMZN.O), opens new tab is losing a vice president who helps oversee the division.
Rob Williams, vice president of device software and services and a member of the elite internal group known as the S-team advising CEO Andy Jassy, left his post and will step down entirely from Amazon at year's end, according to a memo sent internally Thursday and reviewed by Reuters. Amazon confirmed the memo after a query from Reuters without providing additional detail.
"Rob has had a big impact on the software and experiences of nearly all of the products we’ve created and shipped," said Panos Panay, the senior vice president of devices and services, in the memo. He said Williams decided to "retire from Amazon," but Reuters could not learn his future plans.
Panay also announced the consolidation of several teams in his unit, including moving the Alexa Smart Vehicle team into the broader Alexa group. He said the changes were effective Thursday including the elevation of Tapas Roy, previously a vice president overseeing Fire TV product and engineering, to Williams' former post.
Williams will remain an advisor to Panay and on the S-team through the end of 2025, according to the memo.
It is rare for S-team, or senior leadership team, members to depart, as the group is regarded as a badge of honor within the company with unique access to the CEO. Williams joined the 29-member S-team in late 2022 and worked at Amazon for 12 years.
He attended Amazon’s devices event on Tuesday in New York where the firm showed off an array of new products like refreshed Echo voice assistant speakers, color Kindle e-readers and Fire TV sets with improved screen quality.
In an email, he pointed to a LinkedIn posting where he wrote that he had been working on his exit all year and remained on to see the recent device launches. He did not disclose his plans beyond 2025.
The money-losing devices and services unit has undergone multiple rounds of layoffs as it pares back on products. A multi-year project to update its Alexa voice assistant with embedded generative artificial intelligence has rolled out slowly and has no clear path to profitability and Amazon is overhauling its Fire tablets with Android operating software for the first time, Reuters reported in August.
Earlier this week, Williams in a LinkedIn post touted the debut of a new operating system called Vega that will be in use in forthcoming Fire TV devices, including a streaming stick available later this month. Amazon’s proprietary Vega is meant to replace Google’s Android software and promises faster speeds at lower prices.
“No one else has anything like it,” said Williams in the post.

 

Friday, 26 September 2025

A Reuters analysis about the Israeli attack on a Gaza hospital last month

A Reuters analysis of visual evidence and other information about the Israeli attack on a Gaza hospital last month contradicts Israel’s explanation of what happened in the deadly strike.

The August 25 attack on Nasser Hospital killed 22, including five journalists. Israeli forces planned the attack using drone footage which, a military official said, showed a Hamas camera that was the target of the strike. But the visual evidence and other reporting by Reuters establish that the camera in the footage actually belonged to the news agency and had long been used by one of its own journalists.

The Israeli military official now says that the troops acted without the required approval of the senior regional commander in charge of operations in Gaza. The official told Reuters about the breach of command after Reuters presented the findings of its investigation to the Israel Defense Forces.


A day after Israeli tanks shelled Nasser Hospital, the official said the IDF’s initial review found that troops targeted a Hamas camera because it was filming them from the hospital. The official said troops viewed the camera with suspicion because it was covered by a towel. A decision was made to destroy it, the official said then.

A screenshot from the IDF drone footage shows the camera, draped with a two-toned cloth, on the hospital stairwell. The military official confirmed to Reuters last week that the cloth-covered camera was the target.

But the cloth shown in the screenshot was not put there by Hamas. It was a prayer rug belonging to Hussam al-Masri, a Reuters journalist who was killed in the attack, the news agency’s investigation of the incident found. At least 35 times since May, Masri had positioned his camera on the same stairwell at Nasser Hospital in the southern Gaza city of Khan Younis, to record live broadcasts fed to Reuters media clients across the globe. He often covered his camera with the green-and-white prayer rug to protect it from heat and dust, Reuters found.The Reuters investigation provides the most complete account to date of how the attack unfolded, including that Israeli forces breached the chain of command. Reuters also has established definitively that the targeted camera belonged to the news agency. The Associated Press, which lost a journalist in the hospital attack, previously reported that it had found strong indications that the camera Israeli forces described as their target belonged to Reuters.

Israeli Prime Minister Benjamin Netanyahu has called the hospital attack a “tragic mishap.” The military official told Reuters that Masri and other journalists present were not the target of the attack and were not suspected of having ties to Hamas.

The IDF claim that Hamas was filming Israeli military forces from Nasser Hospital “is false and fabricated,” said Ismail Al-Thawabta, director of the Hamas-run Gaza government media office. Israel is trying to “cover up a full-fledged war crime against the hospital, its patients and medical staff,” he said.

Despite the new disclosures, a month after the attack the IDF has yet to fully explain how it ended up hitting the Reuters camera and killing Masri. The Israeli military also has not explained:

Why it did not warn hospital staff or Reuters that it intended to strike the hospital.

Why, after striking the camera in its initial attack, the IDF shelled the stairwell again nine minutes later, killing other journalists and emergency responders who had rushed to the scene.

Whether it took into account that the hospital stairwell where Masri was filming when he was killed was a spot used regularly by many journalists to record footage and file reports throughout the war.

Who approved the strike. The military official did not say who gave the order to attack despite the lack of approval from the regional commander.

The absence of a full explanation of what happened at Nasser Hospital fits a pattern in Israeli military attacks that have killed journalists since Israel launched its nearly two-year offensive after the Hamas attack on October 7, 2023. The Committee to Protect Journalists says it has documented 201 journalists and media workers killed in Gaza, Israel and Lebanon, where the war spilled over shortly after the initial attack. The count includes 193 Palestinians killed by Israel in Gaza, six killed by Israel in Lebanon, and two Israelis killed in the October 7 attack.

The CPJ said Israel has never published the results of a formal investigation or held anyone accountable in the killings of journalists by the IDF. “Furthermore, none of these incidents prompted a meaningful review of Israel’s rules of engagement, nor did international condemnation lead to any change in the pattern of attacks on journalists over the past two years,” said Sara Qudah, CPJ’s regional director for the Middle East and North Africa.

“The IDF operates to mitigate harm to civilians as much as possible, including journalists,” an IDF spokesperson said. “Given the ongoing exchanges of fire, remaining in an active combat zone has inherent risks. The IDF directs its strikes only towards military targets and military operatives, and does not target civilian objects and civilians, including media organizations and journalists as such.”

In examining the August 25 attack by Israeli forces, Reuters reviewed more than 100 videos and photos from the scene and interviewed more than two dozen people familiar with the attack and the events leading up to it. Those sources include two Israeli military officials and two Israeli military academics briefed by Israeli military sources on the strike.

All told, 22 people were killed in the two attacks, including Associated Press journalist Mariam Dagga and Moaz Abu Taha, a freelance journalist who worked with several news organizations including Reuters. Dagga and Masri were among many journalists who routinely gathered on the landing to record from a high vantage point and to file reports from the Khan Younis area of Gaza. Masri’s live broadcasts captured Israeli strikes, ambulances bringing the wounded and the dead to the hospital, and the destruction of the surrounding area.

A few days before the August 25 strike, an Israeli military surveillance drone recorded a camera on the top level of the eastern stairwell at Nasser Hospital, according to the Israeli military official, who cited the IDF’s initial inquiry, and the two military academics with close contacts in the Israeli military. Troops characterized the camera as a threat, they said, because Hamas has used cameras to plan attacks. Asked whether the group used cameras, the Hamas official said it used them to document its attacks on Israeli soldiers.

A screenshot taken from the drone footage shows a thick, two-toned cloth draped over the camera. A person wearing a white head covering and dark clothing sits behind it. The screenshot was first published on August 25 by an Israeli TV news channel, N12, which said at the time that it depicted the camera “that endangered our troops.”

Reuters obtained the screenshot from Refael Hayun, an Israeli civilian who says he monitors the situation in Gaza, where he has contacts on the ground. Hayun said the drone footage was captured around 2:15 p.m. on August 21. On that day, Masri set up a camera to record from the hospital stairwell continuously between 8:00 a.m. and 6:14 p.m., according to a Reuters archive of the footage.

Hayun declined to identify the source of the screenshot or how he obtained it. But the Israeli military official confirmed that the screenshot is from drone footage that Israeli troops recorded before the August 25 attack and shows the camera that troops targeted in the shelling. The official, who said his information is from the IDF’s initial inquiry, did not provide the precise date of the screenshot but said the camera was seen “repeatedly for many days in a row.”

“The camera from that picture was the camera that they attacked,” the Israeli military official told Reuters on September 16.

The cloth covering Masri’s camera became a focus of attention after the attack – both because the Israelis cited it as a factor that justified the strike and because it provided a clue to the true ownership of the device.On the day after the strike, the Israeli military official referred to the cloth as a “towel” and said troops viewed it with suspicion. The official said that towels can be used to evade IDF heat sensors and visual observations from the sky. The troops saw “a lot of suspicious behavior that was tracked for days and cross-referenced with intelligence,” he said, without elaborating.

But instead of a towel, the cloth covering the camera in the drone screenshot was Masri’s green and white prayer rug, Reuters found. It is shown in an August 13 photo taken by Dagga, the AP journalist. Dagga’s photo captures Masri standing next to his camera in the same hospital stairwell that was targeted by the IDF.

Masri routinely covered the Reuters camera to protect the equipment’s optics and electronics from the scorching heat that enveloped Gaza in August, according to three members of the Reuters visuals team. He often used the thick cloth, which was his prayer rug, according to Masri’s brother Ezzeldeen al-Masri. Reuters was never told by Israel not to cover its camera with a towel or other cloth, a spokesperson for the news agency said.

Witnesses say the camera in the drone screenshot could only be Masri’s. No one else in the last few months used a large video camera on a tripod to record there or covered the gear with a prayer rug. Other journalists used cellular phones, the witnesses said.

Adding to the Israeli military’s suspicion about the camera and its location was that troops also saw another “towel” covering the head of a person nearby, the military official said.

In the screenshot from IDF drone footage that shows the troops’ target, a person sits near the camera wearing dark clothing and what appears to be a white headscarf. The person appears to be Dagga, in a similar outfit to what she is seen wearing in four other visuals taken at that same location, including one from August 16 and another from the day of the attack. On August 21, the day the IDF drone footage was recorded, Dagga was using her phone to record a live broadcast from the stairwell for the AP.Reuters visuals journalist Mohammad Salem, who left Gaza earlier this year and knew Dagga well, identified the person in the drone screenshot as the AP reporter. Salem said he recognized her head scarf. Also, Masri had told Salem that Dagga was recording near him on the stairwell a few days before the attack.

When he was killed on August 25, Masri had been recording from the hospital’s stairwell for about two hours. As he had done routinely throughout the month, he had positioned his camera on the fourth floor to capture live coverage of the area. The elevated spot allowed for better visibility, access to electricity and a stronger internet connection, said Salem. From the stairwell, the camera recorded the hospital’s surroundings, including the busy street out front.

“We thought the hospital was relatively safe, especially since everyone knows that there are journalists in this place and that they use it on a daily basis,” said Salem.In the early days of the war, Reuters shared with the Israeli military locations of its teams in Gaza, including at Nasser Hospital, to try to ensure they would not be targeted, the Reuters spokesperson said. But after many journalists were killed in IDF strikes, Reuters stopped giving precise coordinates.

“However, Israel was fully aware that Reuters and multiple other news organizations were operating from Nasser Hospital, which has been one of the nerve centers for coverage out of Gaza,” the spokesperson said.

Witnesses said the IDF had drones in the sky throughout the attack. About 40 minutes before the first tank strike, Reuters photographer Hatem Khaled was outside the hospital. He sent a message to Khan Younis colleagues on a WhatsApp group: “Quadcopter now, exactly over Nasser Hospital.”

At 10:12 a.m., about four minutes after the first attack, freelance journalist Khaled Shaath recorded a quadcopter drone flying over the hospital.Ahmed Abu Ubeid, a doctor in the forensic medicine department at Nasser who was injured in the second strike, said the drone hovered in the air near the hospital entrance for more than 10 minutes. “It was recording and seeing us and seeing we are all doctors and civil defense and nurses and journalists,” Abu Ubeid told Reuters. “So, they saw us, and decided to hit us.”

Abu Ubeid said some of those killed and injured in the attack were on the ground level, multiple floors below where the tank shells struck, and were hit with shrapnel.Israeli forces have repeatedly targeted hospitals in Gaza, saying Hamas was operating from them, which the group denies.

Attacks on hospitals typically constitute war crimes, two legal scholars told Reuters. There is a narrow exception when a hospital is used for “activity harmful to the enemy,” said Tom Dannenbaum, a professor at Stanford Law School. But even when this threshold is met, attackers must ensure that expected civilian harm isn’t excessive compared to military advantage, and they must first give warning to allow the other side to stop misusing the hospital and provide reasonable time to comply, he said.

Mohammed Saqer, head of nursing at Nasser Hospital, said the IDF had the phone numbers for hospital staff and regularly called the head of the hospital to ask about the number of patients and supplies. The hospital never received a warning of the attack, he said.

“If they had warned us, we would have prevented this catastrophe,” Saqer told Reuters over text message. Reuters also never received a warning of the attack, according to the Reuters spokesperson.

The names of Masri, 49, Dagga, 33, and those of three other journalists killed in the August 25 attack add to a long list of journalists killed during the Israeli offensive while doing their work and in circumstances the IDF has rarely helped elucidate.Reuters still has received no explanation for why, in October 2023, an Israeli tank fired two shells at a group of clearly identified journalists in Lebanon who had been filming cross-border shelling. The strikes killed Reuters journalist Issam Abdallah and wounded six other journalists. Nearly two years after the attack, the case is still under examination, an IDF official told Reuters last week. Hostilities spread to the Israel-Lebanon border shortly after the Hamas attack on October 7, when Hezbollah began firing rockets into Israel.

The list of unexplained IDF killings of journalists dates back to before the Gaza war.

In May 2022, Al Jazeera correspondent Shireen Abu Akleh, wearing a clearly marked press vest, was shot dead while covering an Israeli army raid in the West Bank city of Jenin. Israeli authorities initially said that armed Palestinians were likely responsible; later, Israel’s military concluded there was “a high possibility” that the Palestinian-American national was “accidentally hit by IDF gunfire.” No criminal investigation would be launched, the military said at the time.

Al Jazeera condemned the killing of its reporter as a “heinous crime,” saying it was intended to “prevent the media from conducting their duty.” In May 2023, a military spokesman told CNN that the IDF was “very sorry” for the death of Abu Akleh. The IDF has not provided a full account of how she was killed.After the killings of Abdallah and Abu Akleh, Israel said its forces do not intentionally target journalists.

Since October 7, 2023, however, Israel has accused at least 15 journalists or media workers it killed in Gaza and Lebanon of being members of militant groups, according to data from the Committee to Protect Journalists. The CPJ said it found no case in which Israel presented credible or sufficient evidence to justify the killings.

The military official who spoke to Reuters and other journalists the day after the Nasser Hospital attack said repeatedly that the IDF had not targeted the Reuters or AP journalists. “They are a big part of why we’re looking into this incident,” he said. “There was no intention to harm them.”That same day, the Israeli military released the names of six men whom it said were “terrorists” killed in the strikes on the hospital, without providing any evidence.

One of the men listed by the IDF, Omar Abu Teim, was killed elsewhere, not in the August 25 attack, said Al-Thawabta, the head of the Hamas-run Gaza government media office.

Another man was a first responder, according to a statement by the Palestinian Civil Defense, Gaza’s emergency services organization. Reuters identified him in footage from August 25, in which he’s seen rushing up the staircase after the first strike and helping direct the emergency response. After the second strike, his body can be seen hanging off the ledge on the fourth floor.

A third man listed by the IDF was a member of the hospital staff, according to a post on Nasser Hospital’s Facebook page.

Two other men were visiting patients at the hospital and were taking part in rescue efforts when they were killed in the second strike, according to members of their families, who said the men had no affiliation with armed groups.

Reuters could find no details about the sixth man, except to confirm that he was killed in the strikes on August 25.

On the day after the attack, the military official who spoke to Reuters said that troops operating near Nasser Hospital identified a camera pointed at them in the days before the strike and that actions were approved “to remove the threat.” In a separate statement released publicly the same day, the IDF identified the troops involved as belonging to the Golani Brigade.

Masri’s recordings from Gaza captured a wide array of scenes in front of Nasser Hospital, with some shots showing military activity far in the distance. On August 20 and 21, for instance, the camera captured Israeli diggers and a bulldozer excavating a demolished area 2.4 kilometers northeast of the hospital. Satellite imagery of the area on those dates shows the equipment surrounded by at least five tanks, which are not discernible in Masri’s footage.Citing the IDF’s initial review of the August 25 incident, the Israeli military official told Reuters that troops had correctly identified the target of the attack. The official, however, said that the IDF had launched a closer examination into possible mistakes made in the attack’s execution.

“We’re looking into this incident to understand what went wrong in the process of execution, acting against a real target that was threatening the forces,” he said.

Among the failures, Reuters found, was a breach in the chain of command.

IDF rules require the approval of a very senior officer before firing on a civilian target if troops are not under attack, the military official said. In the case of Nasser Hospital, the forces on the ground would have had to obtain authorization from the head of the IDF’s Southern Command, which has overall responsibility for the Gaza front. But the troops did not have approval from the commander, Maj. Gen. Yaniv Asor, the military official said. Reached by phone, Asor told Reuters that he was not authorized to speak to the press.

Authorization for the strike would have had to include a legal assessment to ensure that the characterization of the target complied with international law, a second Israeli military official said. Such assessments are binding on Israeli troops; an attack is not supposed to proceed without this permission. The official said he was not aware that any such legal advisory was sought or given before the attack on Nasser.

In addition to possible mistakes in the execution of the attack, the IDF has said it also would review which ammunition was approved prior to the strike and how.

Reuters obtained photos of metal fragments found at Nasser Hospital taken by a doctor at the scene that day. The fragments are from tail fins of Israeli-made 120 mm tank rounds, according to five munitions experts who reviewed the photos of the fragments and visuals of the strike for Reuters.A similar tank shell was used in the 2023 Israeli military attack that killed Reuters video journalist Abdallah in Lebanon.

A tank round was a disproportionate munition selection for the Nasser strike, given that the IDF says its target was a camera and that it was located at or within a hospital, said Wes Bryant, a former senior targeting adviser and policy analyst at the Pentagon, where he was branch chief of civilian harm assessments. But even a weapon that is likely to result in fewer unintended injuries and deaths than a tank shell will still have a high casualty count when aimed at a crowded stairwell, Bryant said.

The IDF still has not explained why it struck the stairwell a second time, as journalists and first responders crowded on the landing.

Reuters photographer Khaled was outside the hospital preparing to start his workday when the first blast hit. He grabbed his camera and rushed toward the building, documenting the scene along the way. He climbed the stairs to get to Masri. When he found him, Masri was already dead, his body covered in dust, his clothes torn and his equipment damaged.Khaled kept filming. “I couldn’t do anything to help him other than document what had happened,” he said. Rescue workers arrived and began moving Masri, placing him in a white bag.

At 10:17 a.m., as Khaled and the rescuers walked down the stairs with Masri’s body, the Israeli military struck the stairwell for the second time.Two munitions can be seen hitting the hospital a fraction of a second apart in footage obtained by Reuters. Khaled filmed the strike, which left him injured. Khaled has hearing loss from the blast and will require more surgery to remove shrapnel.

Additional reporting by Anthony Deutsch, Maya Gebeily, Andreea Popescu, Tamar Uriel Beeri, Ramadan Abed, Deniz Uyar, Giulia Paravicini, Hannah Confino, and Emily Rose. Edited by Sarah Cahlan, George Sargent, Janet Roberts and Peter Hirschberg.

By  and Milan Pavicic

Wednesday, 24 September 2025

Trace gold from illegal Amazon mines Brazilian police expand program

New technology aids Brazil's crackdown on illicit Amazon gold trade

 

Gold samples confiscated by Federal Police during an operation against illegal mining on the Japura River, are presented near the Vale do Javari Indigenous Land, Amazonas state Brazil June 19, 2024. REUTERS/Bruno Kelly/File Photo, opens new tab
  • Brazil expands gold-tracing to combat cross-border smuggling
  • Interpol's Gaia Project supports global adoption of Brazil's tracing method
  • Amazon Police Cooperation Center aids in tackling environmental crimes
BRASILIA, Sept 24 (Reuters) - Brazil’s Federal Police can trace whether gold came from an illegal mine in the Amazon rainforest, and investigators told Reuters they are expanding the program to other countries, hoping to catch more criminals who are trying to escape Brazil's tightening enforcement by smuggling gold across borders.
Gold prices have surged to record highs this month as political uncertainty around the world has pushed investors to seek safe havens. Rising prices are a powerful incentive for those illegally mining the precious metal in the Amazon rainforest.
The Brazilian program catalogues "gold DNA," the metal's unique morphological signature, to connect each piece of gold police seize from suspects to environmental damage caused by illegal mining in specific sections of the rainforest.
In 2023, Brazil prosecuted its first case using the technique. But, as criminal groups expand their reach, taking gold from illegal mines in one country to smelters in another, police say they need to grow their gold library to keep pace.
“When we have samples from all gold-producing areas across the Pan-Amazon region, our gold database will be complete, allowing us to scientifically identify the origin of seized samples,” said Humberto Freire, who heads the Amazon and Environment Department at Brazil's Federal Police.

AMAZON GOLD DATABASE GROWS BEYOND BRAZIL

Some expansion work has already started.
A series of agreements signed by Brazilian President Luiz Inacio Lula da Silva and France's Emmanuel Macron allowed police in Brazil and French Guiana to access samples from each other’s databases to increase cooperation between investigators. In August, Freire met with Colombian Defense Minister Pedro Sánchez to discuss implementing the program there.
In Colombia, criminal groups often launder drug trafficking money through illegal mining operations. Officials across the region fear the practice could expand to other countries, making investigations harder.
In recent years, Colombian authorities have increasingly found Brazilians working in illegal gold mines near the border, according to Colombia’s National Police and Defense Ministry.
Two Colombian Defense Ministry officials told Reuters, on condition of anonymity, that the country is interested in cooperating with Brazil and modeling its initiative to develop its own project to analyze "gold DNA."
The Brazilian Federal Police's work in tracing also spurred Interpol to develop the Gaia Project, backed by the German government, to train police agencies worldwide to use the Brazilian method of cataloguing gold.
Interpol Secretary-General Valdecy Urquiza, a Brazilian Federal Police officer, said he supports initiatives to map gold-producing regions as a strategy for successful investigations against illegal mining.

CRACKDOWN FORCES GOLD SMUGGLERS TO SHIFT TACTICS

The sharp increase in investigations and raids into illegal gold miners under the Lula administration pushed criminal groups to turn to international routes, exporting gold to neighboring countries for processing and sale, one source at Brazil's Federal Police told Reuters.
A series of state-led enforcement measures, including a Supreme Court ruling that forced smelters to verify the origin of gold, have also made it harder for illegally mined gold to enter the market.
“We used to see gold coming from Venezuela into Brazil — now it’s the opposite, gold is leaving Brazil,” said Erich Moreira Lima, who heads Brazil's gold-tracking program.
Investigators say this shift is already evident in data. Last year, there was a sharp drop in gold trade, with Federal Police seizures falling to 80 kg from a record 308 kg in 2023.
But between January and August this year, police have already seized 253 kg of gold – half of which was headed to smelters in Venezuela, investigators believe. Now, federal police officers are working to analyze the “DNA” of the seized gold to figure out where it came from.
As environmental criminals increasingly operate across borders, governments in the region are working to create other tools for cooperation.
This month, Lula joined Colombian President Gustavo Petro and other authorities to inaugurate the Amazon International Police Cooperation Center in Manaus, in the heart of the Brazilian Amazon. The center, first announced in 2023, is designed to facilitate information-sharing across Amazonian countries, with a focus on environmental offenses.
-REUTERS

Monday, 14 April 2025

Goldman Sachs raises end-2025 gold price forecast to $3,700/oz

(Reuters) - Goldman Sachs raised its end-2025 gold (GC=F) price forecast to $3,700 per ounce from $3,300, with a projected range of $3,650-$3,950, citing stronger-than-expected demand from central banks and higher exchange-traded fund inflows due to recession risks.

"If a recession occurs, ETF inflows could accelerate further and lift gold prices to $3,880 per troy ounce (toz) by year-end," the bank said in a note dated Friday."That said, if growth surprised to the upside on reduced policy uncertainty, ETF flows would likely revert to our rates-based predictions, with year-end prices closer to $3,550/toz."

The White House exempted smartphones and computers from "reciprocal" U.S. tariffs, however, President Donald Trump warned levies were still likely at some point.

Spot gold prices hit another record high on Monday at $3,245.42 per ounce but lacked clear direction as the market absorbed the ongoing tariff story. [GOL/]

FILE PHOTO: FILE PHOTO: Gold bars and coins in the safe at Pro Aurum gold house in Munich
FILE PHOTO: FILE PHOTO: Gold bars and coins in the safe at Pro Aurum gold house in Munich

The bank also nudged up its central bank demand assumption to 80 metric tons per month, from 70 tons earlier.

(Reporting by Anushree Mukherjee and Rahul Paswan in Bengaluru; Editing by Kim Coghill and Rashmi Aich)

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