Gold gains as bleak data stirs doubts about global economic recovery


GOLD rose on Thursday as bleak economic data raised doubts about a recovery in the coronavirus-hit global economy even though some countries started to ease lockdown restrictions.

Spot gold climbed 0.3% to $1,690.19 per ounce by 0344 GMT. U.S. gold futures rose 0.4% to $1,694.50 per ounce.

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