Gold slips away from one-month high as dollar firms
Yellow metal prices ease on hopes of coronavirus infection rate slowdown
07 April 2020 - 07:46
Bengaluru — Gold prices eased on Tuesday from a one-month high as the US dollar gained strength on signs of a slowdown in fresh coronavirus cases, but concerns over the economic fallout from the pandemic provided a floor to bullion.
Spot gold was down 0.2% to $1,658.10 an ounce at 3.53am GMT, after rising to a one-month high of $1,671.40 earlier in the session. The metal rose as much as 2.8% on Monday...
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