Gold prices in Asia were down on Tuesday morning as stock markets gained.
Prices of the yellow metal reached $1,645.3 overnight as investors reacted to the United States’ extension of COVID-19 restrictions to April 30 by seeking safe havens.
But Gold futures failed to hold onto its gains from the last session and fell by 0.37% at $1,637.1 . Asian equities markets reported gain today as China announced a Manufacturing Purchasing Managers’ Index of 52 for March, defying expctations of a contraction.
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