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Gold has stayed in a fairly tight range........>

GOLD
GOLD: Gold has stayed in a fairly tight range through the Asian session and into
the European open with the yellow metal moving around $3/oz higher on the day.
- The main event yesterday was the release of Fed Chair Powell's testimony. The
tone was very similar to the October FOMC with only a marginal dovish tilt.
Powell repeated comments on labour market slack, and inflation risks being seen
by investors as being to the downside rather than the upside.
- Looking ahead US-China trade talks will again be the focus for the yellow
metal.

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