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Metal Tiger Plc

Gold bounces back beyond $1,650

After falling to the lowest in three days, Gold prices gain fresh bids to $1,653 amid Wednesday’s Asian session. The yellow metal seems to recover losses, piled due to risk rebound, as fresh headlines concerning coronavirus (COVID-19) renew fears of the pandemic.

Not only the Trump administration’s inability to offer any major details of US President Donald Trump’s ‘major’ economic response to the virus, but the absence of the Republican leader in the Coronavirus Task Force Briefings also raised initial doubts over the Tuesday’s risk recovery.

Metal Tiger Plc (LON:MTR) is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.