Gold slows on a firmer dollar and stocks

Gold slows on a firmer dollar and stocks

Gold prices edged down on Tuesday, weighed down by a stronger US dollar and as hopes for coronavirus treatments heightened feelings of risk.

FUNDAMENTALS

Spot gold was down 0.2% to $ 1,929.25 an ounce at 0036 GMT.

US gold futures fell 0.2% to $ 1,934.10.

The dollar index held close to a peak of more than a week last week, making gold more expensive for holders of other currencies.

Asian…

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