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Gold Prices Down as Asian Markets Report Gains


Tuesday, 31 March 2020 09:41 WIB

GOLD


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Gold prices in Asia were down on Tuesday morning as stock markets gained.

Prices of the yellow metal reached $1,645.3 overnight as investors reacted to the United States’ extension of COVID-19 restrictions to April 30 by seeking safe havens.

But Gold futures failed to hold onto its gains from the last session and fell by 0.37% at $1,637.1 by 9:34 PM ET (2:34 GMT). Asian equities markets reported gain today as China announced a Manufacturing Purchasing Managers’ Index of 52 for March, defying expctations of a contraction.

Source: Investing.com


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