Gold prices expected to continue climbing in 2021 amid uncertainty of ongoing Covid-19 pandemic

Gold has lost some of its shine due to growing vaccine optimism and gradual economic recovery. PHOTO: REUTERS
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SINGAPORE - Gold prices are expected to continue climbing in 2021 as investors flock to the safe-haven asset amid the lingering uncertainty of the pandemic.

The yellow metal has lost some of its shine due to growing vaccine optimism and gradual economic recovery but prices are still set to rise as countries grapple with vaccine roll-outs and currencies depreciate as central banks ramp up relief measures, say analysts.

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