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Gold fell on Thursday, as the rising dollar and concerns about global growth affected risk appetite, as investors waited for signals from major central banks after policymakers hinted at their support for the reduction of stimulus measures for the pandemic era.
At 06:34 GMT, spot gold fell 0.1% to $ 1,788.11 an ounce, hovering near its two-week low reached in the previous session.
US gold futures fell 0.2% to $ 1,789.70 an ounce as the dollar, a safe-haven competitor to gold, stabilized after rising for three consecutive days .
Markets await the European Central Bank’s monetary policy decision at 11:45 GMT, as it could take a symbolic step towards easing emergency economic aid while insisting on continued generous support in the years to come. future.
As for other precious metals, silver fell 0.3% to $ 23.88 an ounce.
Palladium rose 0.2% to $ 2,256.69 an ounce.
Platinum fell to its lowest level in nearly three weeks at $ 971.49 an ounce and last traded a 0.5% drop to $ 975.17 an ounce.
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