Gold hovers near 3-week high as Omicron fears boost safe-haven appeal


GOLD prices steadied on Monday near a three-week high scaled last week, as fears over the rapidly spreading Omicron coronavirus variant buoyed the metal's safe-haven appeal.

Spot gold was steady at $1,798.60 per ounce, as of 0807 GMT, while U.S. gold futures fell 0.3% to $1,800.10. In the previous session, bullion prices hit their highest since Nov. 26.

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