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Gold Market Report Headlines

PRECIOUS-Gold inches higher from over 4-month low as dollar weakens

Gold prices edged up on Wednesday helped by a weaker dollar, though a robust appetite for riskier assets kept the safe-haven metal near a more than four-month low hit in the previous session. FUNDAMENTALS * Spot gold rose 0.1% to $1,809.41 per ounce by 0124 GMT. Prices hit $1,800.01 on Tuesday, its lowest level since July 17. * U.S. gold futures were up 0.2% at $1,807.60. * The dollar index eased 0.1% against a basket of currenc

PRECIOUS-Gold dips as vaccine hopes, strong U.S. data signal recovery

Gold prices eased in early Asian trade on Tuesday as COVID-19 vaccine developments and upbeat U.S. manufacturing data bolstered investors' hopes of a swift economic recovery. FUNDAMENTALS * Spot gold fell 0.1% to $1,834.40 per ounce by 0105 GMT. It fell as much as 2.2% on Monday, hitting a four-month trough. * U.S. gold futures were down 0.3% at $1,833.00. * AstraZeneca 's COVID-19 vaccine, likely to be cheaper to make, easier

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