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Gold prices slip as easing lockdown restrictions boost risk sentiment

Italy and the United States were among a slew of countries tentatively easing coronavirus lockdowns on Monday to revive economies

gold, jewellery
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Spot gold fell 0.1 per cent to $1,699.56 per ounce by 0133 GMT. US gold futures were down 0.5 per cent to $1,705.50 per ounce

Reuters New York
Gold prices slipped on Tuesday as risk sentiment was lifted by easing coronavirus restrictions, while brewing tensions between the United States and China over the outbreak kept the safe-haven metal near the key $1,700 per ounce level.

Spot gold fell 0.1 per cent to $1,699.56 per ounce by 0133 GMT. US gold futures were down 0.5 per cent to $1,705.50 per ounce.

A late Wall Street rally helped Asian stocks trade higher after tech shares and oil rose on easing coronavirus restrictions and prospects of an economic recovery, overcoming concerns about renewed Sino-US trade tensions.

Italy and the United States were among a

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