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The confidence-boosting measures adopted by....>

GOLD
GOLD: The confidence-boosting measures adopted by Chinese policymakers over the
weekend have weighed on the yellow metal in early trade this week, as Chinese
officials look to fight off the negative economic impact from the Coronavirus,
both on a national and regional level. This outweighed the somewhat foreseen
sell off in Chinese equity markets.
- Spot last deals $9/oz lower at $1,580/oz.
- Bears remain focused on the Jan 29 low at $1,563.5/oz, which also represents
their trigger point.
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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