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Gold eases as dollar firms – virus fears cap losses Spot gold was down 0.2% at $1,973.54 per ounce by 0026 GMT. It hit an all-time high of $1,984.66 in the previous session. Reuters Gold prices edged lower on Tuesday as the dollar strengthened and risk appetite improved after positive U.S. economic data, while fears over surging coronavirus cases limited losses for the safe-haven metal.   FUNDAMENTALS Spot gold was down 0.2% at $1,973.54 per ounce by 0026 GMT. It…

Gold price hits new record highs, but $2,000 proves strong resistanceNews Bites Gold is on a cusp of $2,000 an ounce level. Can the yellow metal continue its historic price rally and breach this level, and more importantly, trade above it? At the time of writing, spot gold was trading at $1,979.10, up 0.11% on the day, after hitting a record high of $1,984.66 earlier in the session. And the December Comex gold futures were at $1,994.60, up 0.44% on…

It's a 'challenging time' for gold companies that need to grow – B2Gold B2Gold (TSX:BTO) is a mid-tier gold company with mining operations in diverse locations: Philippines, Mali, Namibia and Nicaragua. The Vancouver-based company forecasts between 1,000,000 and 1,055,000 ounces in 2020.   Johnson said the low precious metal prices of the past decade, plus the overhang from the industry's last spending splurge has diminished the gold supply "There's been a lack of exploration and a lack of development, so…