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Spot Gold Down But Haven Status May Buoy Prices

Monday, 3 February 2020 08:44 WIB

GOLDEMAS

Spot gold is down in early Asian trade, but prices are likely to be buoyed by favorable investment sentiment due to its status as safe-haven assets, DBS says.

The precious metal's prices are also likely to be supported on expectations that the low interest rate environment will persist, it says. Spot gold is down 0.3% at $1,584.92/oz. 

Source : Bloomberg

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