Gold prices rose as dollar slipped amid renewed concerns in global markets about the US economy recession.
The hopes for monetary policy easing by central banks across the globe, to curtail economic slowdown, provided some support for the bullion.
U.S. President Donald Trump flagged the possibility of a trade deal with China, and said he believed Beijing was sincere in its desire to reach an agreement.
Large precious metals speculators continued to boost their bullish net positions in the Gold futures markets, according to the latest COT data.
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