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Global gold prices News

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Gold is trading below its all-time peak of $1,920.30 an ounce hit in Sept 2011, with prices mainly boosted by a wave of monetary stimulus measures to shelter the impact of the pandemic Signs that the European Union countries are willing to compromise on a 1.8 trillion-euro coronavirus stimulus plan, should also keep bullion well supported Elsewhere, silver rose 2.4% to $19.76 per ounce, having hit a peak since September 2016 at $19.81 on increasing safe-haven flows
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On the global front, Gold hit its highest in more than three weeks today as US-China relations took a turn, and investors fretted that the economy would take longer than expected to recover from a coronavirus-induced slump. 
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The Fed cut interest rates on Tuesday in an emergency move to safeguard the world`s largest economy from the impact of the coronavirus epidemic.
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Spot gold gained 0.2% to $1,645.79 per ounce by 0055 GMT, and was up about 0.1% for the week.
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In the wake of Iran's retaliatory missile strikes against the US forces in Iraq, Gold prices soared as much as 2 per cent on Wednesday to vault over the $1,600 ceiling for the first time in nearly seven years, as investors flocked to safe havens.
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Spot gold fell 0.2% to $1,562.81 per ounce by 0107 GMT. In the previous session, prices hit their highest since April 2013 at $1,582.59. 
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Spot gold rose 0.3% to $1,503.16 per ounce by 0709 GMT. Prices hit their highest since Nov. 5 earlier in the session at $1,505.32. US gold futures were up 0.2% to $1,508.00 per ounce.
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President Trump on Tuesday said a deal with China might have to wait until after the US presidential election in November 2020. Trump`s comments come shortly after he slapped tariffs on U.S. steel and aluminium imports from Brazil and Argentina.
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Lower gold imports could also help the South Asian country reduce its trade deficit.
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India eased the restrictions for its Sovereign Gold Bond Scheme after failing to secure the targeted investment, the government said on Wednesday.
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Gold prices recovered by Rs 30 to Rs 28,740 per 10 grams on scattered buying by local jewellers even as the metal weakened overseas.
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After three sessions of gains, gold prices declined by Rs 20 to Rs 28,710 per 10 grams today on easing demand from local jewellers and weak global cues.
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Gold prices rose for the fifth session in a row, by gaining Rs 100 to Rs 31,150 per ten gram today, supported by a firm global trend and wedding season demand from jewellers.
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Gold made some decent recovery by rising Rs 50 to 30,700 per 10 grams at the bullion market in the national capital today, aided by increased buying by jewellers to meet wedding season demand coupled with a firm global trend.
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 Gold prices dipped by Rs 40 to Rs 29,250 per ten gram at the bullion market today on waning spot demand from jewellers amid a weak global trend.
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 After yesterday's surge, gold declined by Rs 40 to Rs 29,250 per ten grams at the bullion market today, owing to slackened demand from jewellers and retailers amid weak overseas cues.
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After a two-day slide, gold prices rebounded Rs 140 to Rs 26,750 per 10 grams at the bullion market today, tracking a firm trend overseas and fresh
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Gold plunged by Rs 260 to Rs 25,390 per ten grams in the last trading day of 2015 at the bullion market today, tracking a weak trend overseas amid






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