(Reuters) - Gold prices rose today on Monday, recovering from a near nine-month low hit in the previous session, as a passage of the long awaited $1.9 trillion U.S. coronavirus relief package boosted the metal`s appeal.
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Speculators cut their bullish positions in COMEX gold and silver contracts in the week to March 2, the U.S. Commodity Futures Trading Commission (CFTC) said on Friday (March 5). Silver rose 0.8 per cent to $25.38 an ounce. Palladium climbed 0.4 per cent to $2,348.44. Platinum gained 0.7 per cent to $1,137.42
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