Article content U.S. business activity grew at a moderate pace for a second straight month in July amid supply constraints, suggesting a cooling in economic activity. A growing number of European countries are raising their defenses to counter the increase in the Delta variant of coronavirus, trying to pressure more people to get vaccinated. Physical gold demand in India was lackluster last week with buyers put off by price volatility, forcing dealers to raise discounts to their highest in nearly a month to encourage purchases. Speculators raised their net long positions in COMEX gold in the week ended July 20, data from the U.S. Commodity Futures Trading Commission showed.
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