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Gold was down on Wednesday morning in Asia with increased investor optimism over the global economic recovery from the COVID-19 virus as countries continue to loosen lockdowns and restart their economies.
Gold futures were down 0.25 % at $1,729.60 by 1:28 AM ET (6:28 AM GMT) with investors retreating from the safe-haven yellow metal.
But the pandemic is far from over, with almost 6.4 million global cases as of June 3 according to Johns Hopkins University data and the race for a cure still ongoing.