Gold slips as traders put toes back into equities

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Metal loses ground as investors reassess the economic effect of the coronavirus

Gold eased from an over one-week peak on Friday as risk sentiment improved on hopes of global measures to soften the impact of the coronavirus outbreak, but a surge in new cases capped bullion’s losses and kept it on track for a weekly gain.

Asian shares were on course to post their second straight week of gains, while the US dollar, which has also seen steady interest as a safe haven amid fears over the virus, rose to a more-than four-month high against key rivals.

 

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I don’t know where you get your real prices from but according to my paper the spot price is currentlyUS $1581 at 16.10hrs

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