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Tuesday 22 September 2020

Gold edges higher as dollar halts surge on COVID worries

Spot gold rose 0.3% to $1,918.20 per ounce by 1252 GMT. Bullion prices fell to their lowest level since Aug. 12 at $1,882.70 on Monday as the U.S. dollar soared to an almost six-week high. A firmer dollar makes bullion more expensive for holders of other currencies.

from Commodities-Markets-Economic Times
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