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Gold Market Report Headlines

PRECIOUS-Gold steady as softer dollar, stimulus hopes lend support

Gold prices steadied in early trade on Thursday as a softer dollar and progress on another U.S. coronavirus relief package countered pressure from an upbeat U.S. private payrolls data. FUNDAMENTALS * Spot gold was steady at $1,884.67 per ounce by 0058 GMT. * U.S. gold futures were down 0.2% at $1,890.90. * The dollar index hovered around a one-week low hit in the previous session. * U.S. Treasury Secretary Steven Mnuchi

PRECIOUS-Gold inches lower on caution ahead of Trump-Biden debate

Gold edged lower in early Asian trade on Wednesday with cautious investors awaiting key takeaways from the first U.S. presidential debate, while optimism over hopes of a U.S. coronavirus aid deal limited losses. FUNDAMENTALS * Spot gold was down 0.1% at $1,896.03 per ounce by 0034 GMT, having earlier hit a one-week high of $1,899.12. * U.S. gold futures were down 0.1% at $1,889.70. * The dollar index was down 0.1% against rivals.

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