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Gold Closes on Marginal Losses

M. Ali 22 January, 2021 3:03 am Commodities, Market Update

Gold prices declined marginally on Thursday, after closing yesterday at their highest level in about two weeks.

This comes despite the continuous retreat of the U.S. Dollar (USD) amid expectations for increased government stimulus by the new Biden administration in the United States.

Gold futures for February delivery lost 60 cents and closed at the level of $1,865.90 per ounce.

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