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Gold declines as US bond yields firm

Spot gold eased 0.3% to $1,716.86 per ounce by 05:46 GMT while US gold futures fell 0.4% to $1,716.10.

UK economy drops by 2 9% in January due to COVID-19 restrictions

Oil prices record 2% gains following dollar decline

Brent crude oil futures for May settled up $1.73, or 2.6%, to $69.63 a barrel while US West Texas Intermediate crude for April ended the session $1.58 or 2.5% higher, at $66.02.

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