Gold edged up on Tuesday, as investors weighed optimism over prospects for a Covid-19 vaccine against a surge in infections and possible restrictive measures to combat the pandemic that risk derailing a swift global economic recovery.
Spot gold rose 0.1 per cent to $1,778.76 per ounce by 0049 GMT, while U.S. gold futures were little changed at $1,780.50. Some Americans could begin receiving coronavirus vaccinations before Christmas, a top government official said on Monday.
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