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Gold Market Report Headlines

PRECIOUS-Gold holds steady above $1,800/oz on virus fears, U.S.-China tensions

Gold held steady above the psychological level of $1,800/ounce on Thursday, as concerns about rising coronavirus cases and lingering Sino-U.S. tensions countered optimism over promising early data for a potential COVID-19 vaccine. FUNDAMENTALS * Spot gold was little changed at $1,810.33 per ounce by 0045 GMT. U.S. gold futures were mostly unchanged at $1,814.20. * More than 13.5 million people have been repor

PRECIOUS-Gold edges higher on virus fears, China-U.S. tensions

Gold inched higher on Wednesday, holding firm above the key $1,800 level, as worries over surging coronavirus cases and simmering China-U.S. tensions lifted demand for the safe-haven metal. FUNDAMENTALS * Spot gold was up 0.1% at $1,809.41 per ounce by 0031 GMT. U.S. gold futures were steady at $1,813.70. * Coronavirus cases continue to rise in the United States. With more than 3.3 million cases, it has one of th

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