Reuters
Gold hits one-week trough as dollar gains
Gold prices slipped to a one-week low on Monday as investors sought comfort in the U.S. dollar amid rising coronavirus cases. Spot gold fell 0.5% to $1,802.26 per ounce by 1248 GMT. "The dollar strength is limiting gold's upside and sort of remains one of the key headwinds," said Harshal Barot, a senior research consultant for South Asia at Metals Focus.
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