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Gold reversed an early dip to over one-week lows and is currently placed at fresh session tops, around the $1203 region.

A combination of supporting factors, ranging from a subdued US Dollar price action and the prevalent risk-off mood, helped the precious metal to recover early lost ground to an intraday low level of $1195.68. The USD struggled to build on its early uptick and extended some support to the dollar-denominated commodity.

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