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Gold prices have started the week in demand
Gold prices have started the week in demand with gold back in the green again last week’s rally. While prices are a little off last week’s highs for now, the near-term outlook remains geared towards further gains as equities markets come under pressure. Risk sentiment has taken a hit over the weekend as global omicron concerns ratcheted higher. In Europe, a number of countries have had to introduce fresh restrictions, including curfews and lockdowns in places, in a bid to tackle soaring omicron numbers. The UK is said to be mulling further measures also, with speculation that a Christmas lockdown might be needed. ... (full story)