Gold hovers below seven-week high as equity markets recover

Note: This section contains information in English only.
Source: CNBC
Bullion edged lower on Tuesday after reaching a seven-week high in the previous sessions amid stock market rout. The yellow metal slipped 0.31% to $1,148.90 per troy ounce by 07:55 AM GMT. The signs of recovery in global stock markets after the massive sell-off in tandem with the strengthening US Dollar put more pressure on gold, which attracted many investors during the recent collapse in equity markets.
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