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%.

The major news from overnight came from Regeneron. In their latest study, the test showed that its antibody cocktail significantly lowered virus levels. There has been little reaction to this need but Dr […]

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