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Lower, But Off Worst Levels

GOLD

The yellow metal has added to its declines on Tuesday, erasing the recovery from yesterday's lows. Last trades at $1734.73/oz, down $4.28, it has come off lows at $1731.79 after German Chancellor Merkel announced stricter lockdown measures to be in place over Easter which saw a bid in safe haven assets. Markets await comments from Fed Governor Powell and US Tsy Secretary Yellen in a Fed heavy week, while US bond auctions will also provide direction.

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