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- In European morning trade the yellow metal...>

GOLD
GOLD: - In European morning trade the yellow metal recovered from its fresh 3
week lows of $1264.82 printing session highs of $1269.15. As NY arrived there
was a wave of demand for the USD, gold followed suit with a sharp drop to the
$1266.75 level.
-  The release of better than expected US GDP witnessed broad based dollar
demand. Bullion followed, dropping to fresh session lows of $1263.85 before
paring back some of its losses.
- In reaction to reports from BBG sources "that trump is favoring Powell"
witnessed the price spike from $1265.60 to session highs of $1273.04 before
fading. However yesterday White House sources said yesterday that "President
Trump changes his mind every day".

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