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Looking Below $1,800/oz

GOLD

The broader USD (DXY) has managed to tick further away from yesterday's session low during Asia-Pac hours, which has put some modest pressure on bullion, pushing spot back below $1,800/oz after a brief look above the recent intraday highs on Tuesday. Spot gold last deals the best part of $10/oz softer, just below $1,795/oz. Participants continue to look to Fed Chair Powell's Friday address, with the usual USD & real yield dynamics taking turns to drive matters in the interim.

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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