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Gold gains as US dollar weakens, fears of economic damage mount

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Gold prices edged up on Monday as the US dollar hovered near a two-week low touched in the previous session, while coronavirus lockdowns tightened across the world and stoked fears of economic damage, lifting demand for safe-haven bullion.

[BENGALURU] Gold prices edged up on Monday as the US dollar hovered near a two-week low touched in the previous session, while coronavirus lockdowns tightened across the world and stoked fears of economic damage, lifting demand for safe-haven bullion.

Spot gold was up 0.3 per cent at US$1...

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