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A Touch Softer

GOLD

Thursday's swings in U.S. yields drove gold prices, which ultimately softened, but finished off of worst levels. Spot has nudged lower again during Asia-Pac hours, but remains comfortably away from yesterday's low, to last trade -$5/oz, just above $1,765/oz, with bears needing to force a break through key support in the form of the April 5 low ($1,721.4/oz) to turn the technical tide.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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