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Spot hovers around unchanged levels,...........>

GOLD
GOLD: Spot hovers around unchanged levels, printing ~$1,768/oz in the wake
registering a fresh multi-year high in early Asia-Pac trade. After working its
way through key resistance, and closing above, bulls now look to $1,796.1/oz,
the Oct 2012 high. COVID-19 worry in the U.S. and U.S. real yield dynamics seem
to be the driving force for the space, outweighing a fall in jewellery demand,
with mine closures on the back of COVID-19 also under scrutiny.
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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