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Gold, which is already an alternative in times of political and economic crisis, rose 18 percent last year as a result of a tariff war and lower interest rates in the United States.
Gold also gained 12 percent from the start of the year, with the Federal Reserve holding interest rates close to zero and pumping billions as urgent financing for financial markets in the United States.
For other precious metals, palladium rose 0.6 percent to $ 1,858.91 an ounce, while platinum lost 0.3 percent to $ 763.56 and silver fell 0.4 percent to $ 14.77.
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And gold fell in immediate transactions 0.1 percent to $ 1,700.14 an ounce at 0524 GMT, while the decline in futures trading in the United States 0.4 percent to $ 1706.10.
Italy and the United States joined a group of countries that eased isolation measures on Monday to revive their economies.
However, investors remain concerned about escalating tensions between China and the United States after President Donald Trump threatened new tariffs on China due to his handling of the outbreak.
Gold, which is already an alternative in times of political and economic crisis, rose 18 percent last year as a result of a tariff war and lower interest rates in the United States.
Gold also gained 12 percent from the start of the year, with the Federal Reserve holding interest rates close to zero and pumping billions as urgent financing for financial markets in the United States.
For other precious metals, palladium rose 0.6 percent to $ 1,858.91 an ounce, while platinum lost 0.3 percent to $ 763.56 and silver fell 0.4 percent to $ 14.77.
