Gold prices rallied to a 1-week peak on the back of a weaker dollar, although a rally in U.S. equities and signs of a recovery in global economic activity limited upside.
Spot gold was trading 1.1 percent higher at $2,007.56 per ounce by 0754 GMT, having hit a low of $1862.89 on Wednesday, its lowest since July 22. U.S. gold futures rose 0.5 percent to $2,008.75 per ounce.
Massive global stimulus to combat the COVID-19 pandemic and fuelling fears of inflation have helped the safe-haven metal rise more than 31 percent this year


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