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The yellow metal drew support from a lower.....>

GOLD
GOLD: The yellow metal drew support from a lower USD and softer U.S. Tsy yields
in Asia-Pac hours, with market seemingly a little disappointed at the
delay/details surrounding the Trump administration's fiscal package, which is
being drawn up to react to the coronavirus outbreak, but faces opposition from
the Democrats.
- Also worth noting that BBG calculations point to record gold holdings for ETFs
on the back of the recent market dynamics.
- Spot last +$14/oz at $1,663/oz, technical parameters remain well defined.
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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