The Covid-19 pandemic will worsen if countries fail to adhere to strict healthcare precautions, the World Health Organization warned on Monday, as coronavirus cases globally passed 13 million.
Apart from the pandemic, renewed concerns about diplomatic tension between the United States and China also dented risk appetite, capping losses in bullion, which is considered a hedge against political and financial uncertainty. Market participants now await release of data on Chinese gross domestic product, retail sales, industrial output, and exports.
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