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Gold slips from 4-week high as dollar, equities firm on coronavirus slowdown
Tuesday, 7 April 2020 09:41 WIB | PRECIOUS METALS | Spot EmasEMASGOLD

Gold prices eased from a four-week high on Tuesday, as the U.S. dollar and global equities strengthened on signs of a slowdown in coronavirus-related death.

Spot gold was down 0.2% at $1,657.67 per ounce, as of 01:10 GMT, after rising to a four-week high earlier in the session. The metal climbed 2.8% on Monday. U.S. gold futures rose 1.7% to $1,723.

The dollar was holding close to a near two-week high scaled in the previous session.

Source : Reuters

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