Gold Steadies Above Five-Week Lows As Market Rally Pauses

Gold prices steadied on March 6, after recovering from a more than five-week low in the previous session, lifted by a pause in global equities rally, while a firm dollar curbed further gains.

Spot gold was steady at $1,287.25 per ounce, as of 0418 GMT, after slipping to $1,280.70 in the previous session, its lowest since January 25.

US gold futures were up about 0.3 percent at $1,287.90 per ounce.

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