Gold price sees support from weaker U.S. dollar, ETF inflows: Commerzbank

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(Kitco News) Gold is seeing a boost from weaker U.S. dollar and additional ETF flows, according to Commerzbank. “The gold ETFs tracked by Bloomberg registered another three tons of inflows yesterday,” writes Commerzbank analyst Daniel Briesemann. With the U.S. President Donald Trump back in the White House, there is a bit less uncertainty out there this week. “The other precious metals gained in gold’s slipstream yesterday: all up by over 2%, silver, platinum and palladium significantly outperformed gold.”

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