Gold halted its minor pullback and held below $1800 as Omicron fear eases. The US stock markets surged more than 1% as markets sentiment stabilized. The dollar is hovering near 96 levels; any breach below 95.75 confirms intraday weakness. The new Omicron poses a “very high” global risk and increases the chance of reinfection, according to WHO. The yellow metal hits a high of $1799.89 yesterday and is currently trading around $1789.12.
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