Gold prices hit a six-week low on Wednesday as the dollar strengthened on concerns about rising coronavirus cases in Europe, while doubts emerged over further stimulus from the U.S. Federal Reserve. Spot gold fell 1.2% to $1,877.52 per ounce by 801 GMT. Earlier in the session, bullion hit its lowest since Aug. 12 of $1,873.70. U.S. gold futures were down 1.4% at $1,882.50, while the dollar index hit an eight-week high. A firmer dollar makes bullion more expensive for holders of other currencies.
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