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The yellow metal has been pressured by the.....>

GOLD
GOLD: The yellow metal has been pressured by the broader risk backdrop in
Asia-Pac hours, on hopes surrounding medical treatment for COVID-19 (although
this is heavily caveated in a story that has been well documented in the last
few hours), with global equities advancing since the Wall St. bell rang.
- Spot last deals $12/oz or so lower at $1,705/oz, after a brief show below
initial support (old resistance) at $1,703.4/oz. A clean break that level would
expose $1,676.0/oz, the Apr 13 low.
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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