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Gold eases on firmer dollar, coronavirus slowdown signs


Wednesday, 8 April 2020 09:16 WIB

GOLDEMAS Spot Emas


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Gold prices eased on Wednesday as the U.S. dollar firmed, while signs of a slowdown in the new coronavirus cases in major hot spots hurt the metal's safe-haven appeal and pushed it further away from a near one-month high hit in the previous session.

Spot gold slipped 0.2% to $1,644.99 per ounce by 00:49 GMT, having risen to its highest since March 10 on Tuesday. U.S. gold futures eased 0.7% to $1,671.30.

The dollar was up 0.2% against key rivals, making gold costlier for investors holding other currencies.

Source : Reuters


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