Small relief in gold prices overnight after yesterdays capitulation

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( Kitco News ) – Gold has paused for breath in Asian market hours following the move lower in yesterdays session. The precious metal trades 0.29% higher leading into the EU open but silver is lagging behind trading 0.13% in the red. It was a big risk-off session with all major indices closing in the red on Wednesday and the bearishness hit the Nikkei 225 (-0.37%) and ASX -(1.61%) overnight too. The Chinese bourses managed to hold up well as the Shanghai Composite rose 0.11%.

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