Speculators reduced net bullish positions in Gold for a third week

As per the Commodity Futures Trading Commission (CFTC), speculators slightly cut their gold bullish positions last week after having done the same in the previous two weeks.
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USD/CAD offered closer to 1.30 as gold recovers losses

The USD /CAD pair was offered at the high of 1.2997, tracking the recovery in gold prices from the low of USD 1072/Oz to trade above USD 1100/Oz.
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